Underscore VC's inaugural fund is backed by a $40B+ LP base
Michael Skok · 20VC: Why Valuation Is A Stupid Concept, VC Is Ripe For Disruption & Not All LPs Are Made Equal with Michael Skok, Founding Partner @ Underscore VC · Sep 21, 2016 · at 9:52
Michael Skok, Founding Partner at Underscore VC, discusses fundraising success and LP composition for Underscore VC's inaugural fund.
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“The fund has been oversubscribed very quickly. We were able to select the VC, sorry, the LPs who really understood the model and wanted to get behind it. I'm happy to tell you that, you know, that's well over forty billion dollars worth of capital in the foundations and for example the kind of educational institutions and children's hospitals and the like that have got behind us.”
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