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Ron Conway's Sv Angel Venture Firm Says It's Not Raising Another Fund

by businessinsider.com posted 1month ago 25 views
Ron Conway, considered the "Godfather of Silicon Valley," said his venture capital firm, SV Angel, will not be raising a new fund. In a Medium post co-authored by the firm's general partners, Conway said it will "scale back the existing SV Angel team" and shift focus to angel investing. He expects to cut checks between $25,000 and $100,000 per company. Founded in 2009, SV Angel made early bets on Facebook, Twitter, and Airbnb.