Startup founders and laid-off tech workers know all too well about the funding slowdown of 2022, but the boom times aren’t over for everyone. U.S. venture firms in particular are amassing more cash than ever, and Menlo Ventures is perpetuating the trend.
The 46-year-old Bay Area firm, known for its early bets on companies like Uber and Warby Parker, told regulators this week that it has secured $761.4 million for its third “special opportunities” fund. It appears to be Menlo’s largest such fund to date.
Menlo did not respond to requests for comment on its plan for the m
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