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venture fundsTechCrunch
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80% Informative
The SEC has updated the dollar threshold for a vehicle to be considered a “qualifying venture fund” to $12 million .
Qualified venture funds are a subset of venture funds that can raise from up to 250 accredited investors while also being exempt from having to register with the SEC as an investment company.
Emerging funds those most likely to get smaller checks from investors and therefore need more investors have been hardest hit by the VC bear market.
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