Money & Fundraisingfavorite_border

June 23, 2015

Founders Fund Venture Capital on Tech Crunch TV

• Money & Fundraising

Tech Crunch TV: New York City seed investors are growing up, and raising bigger funds. IA Ventures just raised $105 million and Founders Fund Venture Capital closed its second $27 million fund last November. We asked FF VC’s John Frankel and David Teten to come into the TCTV studio to talk about the new fund and their approach to investing. Their first $6.3 million fund, which they raised in 2008, was the top-performing venture fund through the end of 2010, according to Preqin, with a net IRR in the high-40 percent range.