https://techcrunch.com/2020/11/19/steve-cases-revolution-is-targeting-500-million-for-its-fourth-growth-fund/

39 0

Revolution , the Washington, D.C.-based investment firm founded by AOL cofounder CEO Steve Case and former AOL senior exec Ted Leonsis, is raising $500 million for its fourth fund, shows a new SEC filing. Asked about the effort earlier today, the firm declined to comment. This new fund was was expected. It has been more than four years since Revolution announced its third growth fund, a vehicle that closed with $525 million in capital commitments. That’s a longer time between funds than we’re seeing more broadly across the venture industry, where teams have tended to raise new funds every two years roughly, but Revolution’s pacing could tie to its mission. The firm tends to invest p... Full story

20 November

wait