Bookman: Venture funds take 15 to 20 years to distribute cash
Zachary Bookman · Zachary Bookman: Why Valuations and Fundraising are BS | E1235 · 20VC with Harry Stebbings · Dec 6, 2024 · at 0:06
Zachary Bookman is the co-founder and CEO of OpenGov and an LP in venture funds. He critiques typical expectations regarding venture capital fund liquidity.
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“People think these companies take like five, seven, nine, 10 years. Not true. They take like 15 to 20. That means your venture fund takes 15 to 20 years to distribute the money.”
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