I caught up with John Taylor, research and financial affairs executive at the National Venture Capital Association, for some perspective on Draper Triangle Ventures’ new fund.
Draper reached first close last week, meaning it can start investing the $40 million it has raised; the fund is expected to reach at least $75 million. It will be Draper’s biggest fund to date.
That’s a special achievement, Taylor said, as it’s been tough going for venture capitalists raising funds and he believes that’s due in large part to the slow down in public offerings.
To read the full, original article click on this link: Draper Triangle Ventures bucks venture capital trend - Pittsburgh Business Times
