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Stock impact report

Mayfield raises $750 million across two funds [TechCrunch Blog]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: TechCrunch Blog
Silicon Valley mainstay theMayfield Fundthe firm said todayThe venture capital firm said its Mayfield XVI will continue to invest in early-stage companies, while its Mayfield Select II will invest in later-stage rounds of breakout portfolio companies. One difference in the new Select fund will be its ability to invest in growth-stage companies outside of its portfolio.Navin ChaddhaIn its blog post announcing the new funds, Mayfield managing partner Navin Chaddha recalled the timing of its fund XIII, raised in September 2008 right after the market crash.In the wake of the crisis, Chaddha writes, Mayfield stuck to core principles. The firm decided not to dramatically increase the size of its investment vehicles (unlike some of its peers, which now hold several billion under management in current funds), and kept to a four-year fundraising cycle.Kleiner Perkins, by contrast,went through a $600 million investment vehicle in about a yearKleiner Perkins has already blown through much of the Show less Read more
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