Ask AI

All Questions

161
0

What Motivates Legacy VC Firms to Publicly Support New Funds Without Shared Carry?

I've seen new funds getting flagship investment from a general partner at a prominent established fund and round out a raise with this credibility cosign. I'm told there's no carry being shared. Why would a legacy VC firm willingly permit a new fund to broadcast their being an LP as prominently as they do go on their podcast & elevate this new fund? Downstream deal flow opportunities?