Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be the total amount CRV returns to investors from its $500 million Select fund by December 31, 2024?
$275 million • 25%
More than $275 million but less than $350 million • 25%
More than $350 million but less than $500 million • 25%
$500 million • 25%
Official announcement by CRV or financial reports
CRV to Return $275 Million to Investors Amid Market Conditions: New York Times
Oct 2, 2024, 04:00 PM
Venture capital firm CRV, based in Silicon Valley, plans to return $275 million from its $500 million Select fund to investors. The decision comes amid worsening market conditions and high startup valuations relative to their potential payoff, as reported by the New York Times. This move is considered rare, as few VC firms have taken similar actions since the dotcom crash. CRV will continue to invest from its core $1 billion early-stage fund. The market for mature startups has soured, leading to fewer opportunities for profitable investments at growth stages.
View original story
Less than $6 billion • 25%
$6 billion to $6.49 billion • 25%
$6.5 billion to $6.99 billion • 25%
$7 billion or more • 25%
Yes • 50%
No • 50%
Less than $50 billion • 25%
$50 billion to $75 billion • 25%
$75 billion to $100 billion • 25%
More than $100 billion • 25%
Less than $45,000 • 25%
$45,000 to $48,000 • 25%
$48,000 to $50,000 • 25%
More than $50,000 • 25%
1 • 25%
2 • 25%
3 • 25%
4 or more • 25%
Less than $10 million • 25%
$10 million to $12 million • 25%
$12 million to $14 million • 25%
More than $14 million • 25%
Less than $5 billion • 25%
$5 billion to $6 billion • 25%
$6 billion to $6.5 billion • 25%
More than $6.5 billion • 25%
Less than $1,000 • 25%
$1,000 to $5,000 • 25%
$5,000 to $10,000 • 25%
More than $10,000 • 25%
Less than $30 million • 25%
$30 million to $40 million • 25%
$40 million to $50 million • 25%
More than $50 million • 25%
No • 50%
Yes • 50%
Fintech • 25%
Other • 25%
Artificial Intelligence • 25%
Healthcare • 25%