How Texas Teachers sizes up startup managers
The US pension plan has $3.5 billion allocated to early-stage fund firms and is adding to that. The head of the programme, Kirk Sims, explains how it assesses budding general partners.
Early-stage and venture capital investment is hot right now in Asia and beyond, as institutions large and small look to take stakes in companies – particularly in the technology sector – early in their business cycles, in search of the next unicorn.
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