Comment on Industry Ventures raises $700 million to buy secondary shares

Industry Ventures raises $700 million to buy secondary shares

Industry Ventures, one of the largest buyers of secondary shares, has raised about $700 million to purchase more equity from VCs, hedge funds, startup employees and others. About $500 million is for the secondary fund and $200 million is separated into a special opportunities fund, in case Industry Ventures sees more opportunity beyond the initial $500 million.

 

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