Polaris Venture Partners Scales Back for New Fund
In October, I wrote the following after returning from the Quebec City Conference: “Terry McGuire of Polaris Venture Partners said in Quebec that the future of venture capital would be smaller funds and smaller partnerships. He declined to say if that applied to Polaris itself – methinks it does, as the firm is expected to fundraise next year.” Yup, it does. Polaris is targeting $500 million for its sixth fund, after raising $1 billion for its fifth fund in 2006. I know of at least one current partner who isn’t part of the new effort, but will
20 January 2010•1 min read
