First Round Capital wants to stay the course.
The firm has closed a $135 million fourth fund. The amount is the same as First Round Capital III (which closed in 2010), the LP base is the same and so is the focus.
“All we focus on is seed-stage,” First Round Partner Josh Koppelman wrote on his blog. “We believe that the first 18-24 months of a company’s life are a special time–where the DNA of a company gets established. And seed-stage is the only place we play. It’s what we know. It’s what we love. “
To read the full, original article click on this link: First Round Capital Stays True With Fourth Fund - Venture Capital Dispatch - WSJ
