Foundation Capital, now 24 years old, just closed its ninth fund with $350 million in capital commitments – gpgmail

Not all venture firms are long for this world. Though they tend to shut down exceedingly quietly, it sometimes happens when the returns just aren’t compelling or a firm grows too fast or there’s infighting or there’s not a solid succession plan. Foundation Capital, founded in 1995, had its own kind of reckoning in the […]