megafund
/ˈmɛɡəˌfʌnd/
Definition
A venture capital investment firm that manages exceptionally large pools of capital, typically worth several billion dollars.
Etymology
The word is a modern compound formed by combining the prefix 'mega-' (from the Greek 'megas', meaning 'great' or 'large') with the noun 'fund' (from the Latin 'fundus', meaning 'bottom' or 'base'). It gained prominence in business jargon to describe the massive growth of investment vehicles in the 21st century.
In the news
In this article, megafunds are described as giant venture capital firms that prioritize rapid scaling and massive financial returns for the startups they back. Founders often turn to them for prestige and extensive resources, though this comes with high pressure to maximize valuation quickly.
How six venture capital giants are reshaping startup financing
Read the full article ↗Baton Rouge Business Report