If the venture is a success, he anticipates opening a larger fund to the public.
"A small percentage of those companies will lend themselves to the model of a larger fund," Mr. Feiber said.
She also called on banks to make use of a larger fund the government has made available for troubled lenders.
Others will arrange to share back-office operations with a larger fund in exchange for a cut of their returns.
On average, you end up no better off than you would have by going with a larger fund.
Mr. Greenspun, who teaches at the Massachusetts Institute of Technology, hoped his grant might be the start of a larger fund at Wikipedia.
He is now raising a larger fund to build the next few schools, which are expected to be in Beijing (2014), São Paulo (2015) and London (2016).
A larger funding round is planned for later this year.
"At a larger fund, there are more people around the table to make decisions.
The studio's plans to raise a larger fund were first reported by PEHub in May.
You might wonder if we have a larger fund because the rounds got larger or the rounds grew larger because people like me raised larger funds.
