Venture firm CRV returns $275 million citing overvaluation of mature startups

CRV, a more than 50-year-old venture firm, is returning to investors $275 million from its $500 million Select fund, which backs later-stage rounds of existing portfolio companies, the New York Times reported. The firm is one of the first Silicon Valley outfits to return committed capital to investors. (We reported yesterday that India’s largest venture […] © 2024 TechCrunch. All rights reserved. For personal use only.

Tomas Kauer - News Moderator Tomas Kauer - News Moderator
Venture firm CRV returns $275 million citing overvaluation of mature startups
CRV, a more than 50-year-old venture firm, is returning to investors $275 million from its $500 million Select fund, which backs later-stage rounds of existing portfolio companies, the New York Times reported. The firm is one of the first Silicon Valley outfits to return committed capital to investors. (We reported yesterday that India’s largest venture […] © 2024 TechCrunch. All rights reserved. For personal use only.