Single Close

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20VC

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20VC Opinion
Tunguz: Single fund closes are vanity metrics for VCs
“The purpose of a close date is just to drive people in unison to a cadence that you're trying to set. There's nothing magical about it. There's nothing terrible about having multiple closes. It's just a way of organizing a particular process. And that close da…”
Tomasz Tunguz Apr 21, 2023 ▶ 9:39 Tomasz Tunguz: How I Raised $230M; ChatGPT vs. Google; How LLMs Work; Trump vs DeSantis | E1004 · 20VC with Harry Stebbings

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