Crossover Funds
topic on 1 show · 7 statements across 6 episodes
7 statements about Crossover Funds, every show
Tisch: Crossover funds would have flooded seed without 2022 downturn
“I think if you didn't have the turn of the market in 22, you were going to see enormous amounts of capital pointed at seed.”
Casado: Crossover model is right, but finance people struggle at early stage
“I think it was actually brilliant. I think that was a very, very smart model and it's the right one. You know, I think it's very hard for finance people to deploy money effectively at the early stage, but I think it's the right model if you can actually unders…”
Newer crossover funds that scaled rapidly face an imminent market reckoning
“Anyone that either doesn't have their existing track record of the last, whatever, 10 years attached to the name of their existing firm, or anyone that scaled well beyond what they had, you know, in the prior five years, in the last two years, I think anyone t…”
Singlehurst: Rapid 2021 funding rounds prevented proper due diligence
“I mean, I think the way it really changed things, particularly last year, was it changed the time frames that rounds were happening in. So we were seeing rounds happening last year at speeds that certainly wouldn't have enabled us to do our necessarily diligen…”
George: Aggressive crossover venture funds actually generate good returns
“First, I think there's a little bit of a misperception in the market about some of those firms who have been more aggressive recently. Their returns are pretty good. They've done a good job.”
Glyman: Crossover funds do not enforce strict venture ownership targets
“One of the under talked about attributes of crossover funds in particular is they don't have these, they're like throw out ownership targets. That's not nearly as important as call it Valley venture funds, make them out to be, and they could be perfectly fine …”