Can a $5B Growth Fund Scale and Work?
20VC with Harry Stebbings·2026-02-24 05:00

Can a $5 billion growth fund scale and work. The answer is yes. The reason why is the market's changing in two different ways.Change number one, these companies are staying private longer. They're getting bigger while they're private. There are more opportunities to invest over time.So now we're 10 years ago, you couldn't put a billion dollars in a company. Now you can invest a billion dollars in any given round. If I invest a billion dollars and I 10x that billion, that's a 2x on a $5 billion fund.Now I ne ...