Flint: NFX targets a 1:2 ratio for initial versus follow-on capital
Pete Flint · 20VC: Lessons From 2x $Bn Exits in Trulia and lastminute.com, 3 Leading Indicators That Suggest Potential Marketplace Success & Why We Are Going To See A Fundamental Change To The World of VC with Pete Flint, Managing Partner @ NFX · Jul 9, 2018 · at 14:18
Pete Flint, Managing Partner at NFX, outlines the firm's planned fund reserve strategy nine months after launching their fund.
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“So I think the ratios that we think about are kind of roughly one dollar initial capital and two dollars for follow on capital. So that's the sort of benchmark we think about. We're pretty early on. We're like nine months in into the fund. So it's hard to see how things will Play out. That's the plan, right? That's the plan right now.”
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