Draper Fisher Jurvetson plans to raise as much as $500 million for a new “co-investment fund that would invest alongside its growing worldwide affiliate partners,: Managing Director Don Wood told PEHub.com.
See its story here.
By the way, PEHub classifies the break away from DFJ by ePlanet Ventures as a “defection,” but we’ve talked with both parties and concluded there was a more fundamental disagreement about how to continue forward. The real significance of the PEHub story is the news about DFJ’s strategy to raise more money to co-invest.
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