Last month, Chicago-based Chalo Ventures surpassed 100 LPs. For founder and general partner Haris Khurshid, it was a notable milestone toward the firm’s goal of hitting 1,000 LPs, a number that would likely make most legacy investors wince.
But while there are a number of potential annoyances or issues that come with having a larger LP base — more people means more opinions, after all — it seems that newer funds are raising cash from more LPs than ever before. But not always by choice.
toptechtrends.com/2023/03/09/venture-capital-firms-limited-partners/”>New wave of VC funds show it’s time to rethink how many LPs is ‘too many’ by toptechtrends.com/author/rebecca-szkutak/”>Rebecca Szkutak originally published on toptechtrends.com/”>TechCrunch
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