Why Greylock capped its new fund at $1.5B when it says it could have raised more
Greylock limits its investments to around 25 per fund to maintain a strong partnership with its founders.
MAIN POINTS
- Greylock focuses on maintaining a close relationship with founders.
- The firm limits each fund to approximately 25 investments.
- This strategy is intended to enhance their role as a key partner.
- The approach aims to ensure quality over quantity in investments.
TAKEAWAYS
- Greylock prioritizes being a significant partner to its founders.
- Limiting investments allows for more focused support and resources.
- The strategy emphasizes the importance of strong founder-investor relationships.
- Quality partnerships are prioritized over a larger number of investments.