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Re:The "Tourist" Investors Flooding Silicon Valley With Mone... by w1ntermute on Saturday February 06, 2016 @12:22PM (#11048622)
> The big funds are still raising big funds, General Catalyst as an example this week. They still need to allocate that capital.

After the dotcom bust, there were many cases where VC funds just returned uninvested money to LPs, as it was evident that the IPO market had dried up.

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