Jack Altman joins Benchmark as GP

Jack Altman and Benchmark announced today That he will join the firm as a general partner. This news is a huge deal, especially since Altman has been running his own VC firm, Alt Capital, since at least 2024. The fund raised a $150 million Fund I in early 2024 and then, last September, $274 million…

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Thrive raises $10B for new fund, its largest yet

Thrive Capital recently raised $10 billion for a new fund – its largest fund raised to date and almost double the size of its previous fund. Of this, $1 billion is dedicated to early-stage investments, while the rest is for growth-stage investments, according to a Announcement from the firm. Thrive told Bloomberg this was its…

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