The importance of reserving capital for breakout companies
An LP at this week's Women in Private Markets Summit North America says GPs need to understand the importance of managing reserves, especially in light of how dilutive new rounds of financing can be for companies that haven't yet broken out.
Expert analysis by David Bogoslaw
In light of a challenging fundraising environment, the issue of reserving follow-on capital was a key concern at this week’s Women in Private Markets Summit North America in New York.
The discussion I moderated, “Venture and Growth Investing in a Bear Market,” was made up of two LPs and one GP. It was under Chatham House Rules, so I can share the comments of the panelists...