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Where Does VC Money Actually Come From? [Flowchart]

View from Seed

Very small funds may not have any large institutions as LP investors, just individuals, but even the largest and most established VC funds often have “sidecar” funds to enable a select group of individuals to invest in their funds (typically entrepreneurs the firm knows well). Insurance Companies. The main ones include: Fund of Funds (FoFs).

LP 335
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Where Do Venture Capital Dollars Actually Come From? This Visual Explains

Agile VC

Very small funds may not have any large institutions as LP investors, just individuals, but even the largest and most established VC funds often have “sidecar” funds to enable a select group of individuals to invest in their funds (typically entrepreneurs the firm knows well). Insurance Companies. The main ones include: Fund of Funds (FoFs).