Mark Suster, who writes the VC blog Both Sides of the Table brought my attention to an excellent interview with Dana Settle of Greycroft on This Week in Venture Capital.
Greycroft is an early-stage VC. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Closing a VC fund in 2009/10 is a major achievement in and of itself.
In the intro section of the show we talked a lot about why VC funds are becoming smaller again and where Greycroft fits. We also discussed the fact that you have evolving stages of VC broadly defined as “super angel” funds of $20-40m (Founder Collective, Felicity Ventures, Dave McClure, Jeff Clavier with SoftTech, Mike Maples, Rincon Ventures & Crosscut in SoCal), early-stage VCs (Greycroft, First Round Capital, True Ventures), A Round investors (Foundry Group, Union Square Ventures, GRP Partners), B Round investors (DAG, Matrix, Polaris, Lightspeed, Battery) and growth equity players (General Atlantic, Insight Venture Partners, Summit, Francisco Partners).
For more on Mark's summary, click here.