zombie funds
2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Mar 31, 2025 by Megan Reynolds · across every show →
Everything said about zombie funds, oldest first
Mar 31, 2025 bearish
Reynolds: Thousands of Zombie VC Funds Will Never Raise Again
“There's thousands of zombie funds. In the market that will never raise another fund because their track record does not justify it, and because people will realize that venture is not a get-rich-quick scheme, that not everyone and their mother deserves to have…”
Jul 14, 2025
Sullivan: GP-led secondaries originated around 2010 to resolve zombie funds
“Some of the original GP secondaries came out of that world. That's how that whole phenomenon started, that you had these zombie funds in the 2000 ten-ish era, where it was clear that there was no way for the GP to earn a carry, but There needed to be some kind…”