Former First Round Capital Partner Kent Goldman announced he’s closed a $30 million maiden fund for Upside Partnership.
The new firm is the latest in a growing string of micro venture firms to emerge in recent years.
The number of U.S firms closing maiden funds at $100 million or less spiked to 38 in 2010, according to Dow Jones VentureSource. And the number has remained high since then, with 17 closing funds during the first half of this year, also according to VentureSource, which is owned by VentureWire publisher Dow Jones & Co.
Image: Upside Partnership Founder Kent Goldman
To read the original article: Upside Partnership Closes $30M Fund, Offers Seed Capital, Stake in Portfolio - Venture Capital Dispatch - WSJ
