Scarce liquidity options for investors in the venture ecosystem propelled StepStone Group’s $3.3 billion capital raise for a new secondary venture fund unveiled last week, blowing past the amount ...

Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...

AI has a huge appetite for data—and venture dollars. It’s been almost two years since the mainstream launch of OpenAI’s ChatGPT set off a frenzy among venture capitalists for AI deals. The gold rush ...