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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – What Is a Fund of Funds
Description: What Is a Fund of Funds Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Unlike most venture capital funds that invest in startups, a fund of funds invests in other funds that invest in startups. Instead of investing in multiple funds, an investor can gain diversification by investing in a fund of funds. As with all good VC funds, there's limited availability for investors to join. The standard return on a fund of funds investment is 10X. There's competition among the limited partners to get in. There are...