Size is not important for venture capital funds, the characteristics of small funds are, Silicon Valley Bank director of Israel operations Naomi Herman told "Globes". "Small funds tend to be more focused and have expertise in a particular field or specific growth stage of companies. Their expertise gives them a better high quality transactions flow than at large funds that invest in a range of industries."
Herman added, "Small funds also can supplement the abilities of large funds, rather than compete against them. Small funds can set up investment syndicates. Because of their small size, management fees are low and their partners appear to focus on fostering and the success of the portfolio companies."
To read the full, original article click on this link: Silicon Valley Bank's Israel head lauds small VC funds
Author: Batya Feldman
