Friday Letter

Seeing large asset managers crossing over and investing in late-stage rounds is nothing new in venture. But let's see what happens next.

If you're not busy in pitch meetings and closing deals in July and August, are you really in venture? Activity this year seems robust yet again, as LPs and GPs alike see a summer surge in activity.

Immigration reform is not the most talked about issue in venture, but it could provide a huge lift to the economy and the future of the industry.

Broadband and climate-tech investors could benefit from the momentum and attention the infrastructure bill brings.

With the firm Advanced Technology Ventures getting hit by a cyberattack in July, a light is being shown on how vulnerable the venture community is.

Get ready for Indonesia's largest ever VC-backed IPO as e-commerce company Bukalapak is planning its debut in one week, and more SPACs and exit activity in Southeast Asia is likely to follow.

The parade of opportunity funds closures continues in venture, as Dawn Capital, SOSV and others see advantages to the strategy.

The latest Q2 PitchBook report makes note of how hedge funds and other non-traditional investors are expressing a greater appetite for VC deals in various stages. How long this continues remains to be seen.

Keep an eye on immigration reform as a House Committee will hold a hearing on July 13 that supports a Startup Visa program, which would help the US compete against other countries in attracting foreign-born entrepreneurs.

Our debut Women of Influence in Private Markets list, which recognizes trailblazing women in venture capital and other alternative assets, takes a deep dive into DE&I recruiting and the current state of gender diversity in VC.