The Ledger
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Prime Venture Partners is very unlikely to raise a $300M fund
“Well, you know we have a philosophy that says in early stage and with the approach we have, right, there's only, we're limited by our bandwidth, right, so as it is, as you said, you know, 25 companies, and you said only, I was saying, wow, we're 25 companies t…”
Prime VP founders took no fund fees for their first 12 months
“So we actually didn't even take any expenses from drawdown from the fund because we felt like we need to actually invest before we can justify having fund expenses.”