Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 1/5

Kaji: Active VC funds peaked at 1,100 during 1995-2000

Samir Kaji · 20 VC 093: Where Is The Micro VC Market Going with Samir Kaji @ First Republic Bank · Dec 2, 2015 · at 21:58

Samir Kaji of First Republic Bank cites historical venture capital data to illustrate past fund consolidation cycles.

0:00 / 0:06exact quote · 6.7s

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“We saw a run up in the number of active venture funds from 95 to 2000, peaking at 1100.”

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The claim, plainly

The number of active venture capital funds peaked at 1,100 between 1995 and 2000.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Historical venture capital data from the NVCA, Thomson Financial (VentureXpert), and Preqin confirms that during the 1995-2000 dot-com boom, the count of active venture capital entities grew rapidly from around 450 in 1996 to peak at approximately 1,000 to 1,100 by the year 2000 before contracting. While technical industry definitions distinguish between active firms (management entities) and active funds (individual investment vehicles)—with 1,100 matching the firm count—historical data records from that era broadly confirm the ~1,100 peak figure for active VC entities during the 1995-2000 window.

NVCA and Thomson Financial/VentureXpert historical statistics show active U.S. VC firms/funds grew from ~450 in 1996 to approximately 1,000–1,100 by 2000.
Preqin tracking shows firm entries peaked in 2000, bringing total active participating firms to near the ~1,100 mark before the post-2000 contraction.

Checked against

[1] pevcbanker.com [2] angelcapitalassociation.org [3] undp.org [4] preqin.com [5] nvca.org [6] nvca.org [7] nvca.org [8] nvca.org

assessed as of 2026-07-23

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

active venture funds

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