This is a U.S. news story, published by TechCrunch, that relates primarily to VC news.
For more U.S. news, you can click here:
more U.S. newsFor more VC news, you can click here:
more VC newsFor more tech startups news, you can click here:
more tech startups newsFor more news from TechCrunch, you can click here:
more news from TechCrunchOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech startups news, you might also like this article about
latest fund. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest second fund news, fund news, tech startups news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Founders FundTechCrunch
•75% Informative
Harry Stebbings' 20VC has closed a $400 million fund, his third investment vehicle.
The fund will focus on backing startups in the region, using his media nous and connections to bring more attention to them overall.
The majority of the backers in this fund are out of the U.S. , with more than half of that institutional money.
European VCs have a strong suit to play with European startups.
Stebbings has yet to change the economics of VC , however.
He predicts that for 1% of firms, VC returns will be much, much bigger than ever, though, and better than ever.
With a lot of the firms he’s invested in still relatively young, and the IPO market still dead, he says.
VR Score
73
Informative language
68
Neutral language
71
Article tone
informal
Language
English
Language complexity
37
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links