Inspired Capital closes $450M fourth fund as New York pushes back on Silicon Valley’s gravitational pull
Inspired Capital closed a $450 million fourth fund, taking assets under management to nearly $1.4 billion while Bay Area firms captured 55% of new U.S. venture commitments last year. Co-founder Alexa von Tobel says 12 companies from the first two funds are now unicorns, though she declined to share cash-on-cash returns.
— via TechCrunch, Connie Loizos
