The Ledger
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Kim: Cendana Capital's seed portfolio mortality rate is currently under 10%
“I will tell you that through our portfolio, Of 700 companies or more, our mortality rate right now is less than 10%. What I mean by that is companies that have shut down, companies that have been written as zero.”
Cendana operates a direct fund targeting Series B and C portfolio companies
“Specifically to Sandana, we do have a direct investment fund. So we have a standalone fund that invests directly into the portfolio companies of our fund managers. The idea here is that we would invest at the early growth stage, so series B or C. These compani…”