General Catalyst is working on a ‘continuation’ fund worth up to $1B, sources say

General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800 million and $1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With around $25 […] © 2024 TechCrunch. All rights reserved. For personal use only.

TECH Oct 7, 2024 Add to Reading List

General Catalyst is working on a ‘continuation’ fund worth up to $1B, sources say

General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $800 million and $1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With around $25 […]