Good morning 👋
And Happy Friday - what a week. In case you missed it, here’s what we covered earlier this week:
AngelList is coming after the entire VC tech stack
Venture debt is having a moment
Where proptech money is being put to work
Today we’re talking about fund life cycles and why the 10-year fund may need some adjustments.
P.S. 💰 Are you a full-time investor AND do you want to get paid more?
Today’s highlights
Extended exits are forcing funds to rethink the fund life cycle
The state of secondaries markets
A deep dive on Thrive Capital
Why the best information is the hardest to find

