Drive Capital’s $1B new funds packed with returning LPs
Last year Drive Capital LLC invested $300 million in tech startups, the highest in its 10-year history, and returned more than that to investors, co-founder and Partner Chris Olsen said.
Results like that are part of the reason that 95% of past limited partners re-invested in the Columbus VC firm’s latest funds totaling $1 billion – many for larger amounts than before, Olsen told Columbus Business First.
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Story excerpt provided by Columbus Inno.
Written by Carrie Ghose.
Originally published July 6, 2022.
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