Posted 12/18/2023, 4:01:32 PM
Early-Stage VC Wilkinson Closes $23 Million Fund After Shunning Institutions
- Emerging fund managers have struggled to raise funds in recent years despite some successes
- Gale Wilkinson recently closed a $23.4 million Fund II for her early-stage firm after 2 years of fundraising
- She plans to invest in at least 30 companies with the new capital
- Wilkinson advises against chasing large institutional investors and bigger funds
- She prefers working with individual investors rather than institutions