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📝 Backstage Capital Changes
Liam Gill
December 17, 2024
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News of the Day
Arlan Hamilton, founder of Backstage Capital, announced her transition from managing partner to chairperson and advisor, emphasizing her focus on amplifying the firm's mission, engaging with founders, and fostering opportunities. The firm is partnering with 360 Venture Collective, which will acquire a significant stake in Backstage’s management and co-launch a $200 million fund in 2025. Despite past challenges, including downsizing and frustrations with limited partner support, Hamilton sees the partnership as a pathway to sustainability and expanding support for underestimated founders, marking a promising new chapter for the firm.
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VC backed companies will raise more this year than last - so why doesn't it feel better?
TLDR: early-stage remains tough and the vibe around venture is dictated more by number of rounds than it is by total dollars.
The massive jump in late-stage does little for seed/Series A
— Peter Walker (@PeterJ_Walker)
8:17 PM • Dec 15, 2024
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