New Tech
Thursday, 7/16, 04:24 AM
Greylock Caps Its New Fund at $1.5 Billion, Bucking the Mega-Fund Rush
- Greylock, one of Silicon Valley's oldest venture firms, raised a $1.5 billion fund and says it deliberately stopped there, even though it could have raised much more.
- In an AI boom that has rivals gathering ever-larger war chests, choosing to stay smaller is a pointed bet that size can hurt returns.