Tech investors cautiously return to venture capital
-
Andressen Horowitz, Thrive Capital, and Iconiq have raised a combined $20B in the past six months.
General Catalyst close to closing fund of $6B.
Growing confidence despite a lack of IPOs in recent years.
-
Has $10B committed, will likely end around $12B in total.
Two Insight portfolio companies acquired in the past week.
Mastercard acquires Recorded Future for $1.6B.
Salesforce acquires Own for $1.9B.
-
Insight is using a private-equity style structure to sell slices of its startups.
$1B+ in startup stakes sold, which frees up cash to return to investors.
More creativity required as investors start to demand capital back.
