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Why Greylock capped its new fund at $1.5B when it says it could have raised more

TechCrunch·July 16, 2026

Greylock has capped its new fund at $1.5 billion, despite having the potential to raise more. The decision is driven by the firm's strategy to maintain a limited number of investments, approximately 25 per fund. By doing so, Greylock aims to provide significant support and attention to its portfolio companies, positioning itself as a key partner to founders. This approach allows the firm to foster deeper relationships and deliver substantial value to its investments.

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