It’s the age of the mega fund
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Good morning, Term Sheet readers. Finance reporter Anne Sraders here, filling in for Lucinda.
VC fundraising just booked a new record: U.S. VC funds raised a total of $69.1 billion so far in 2020, beating the high set in 2018 of $67.8 billion, according to PitchBook.
And we have Andreessen Horowitz to thank for that. The firm closed...