NEA announces a $1.35B spinout fund called NewView Capital, sells 31 of its portfolio companies including 23andMe, Duolingo, Forter, and GumGum to the new fund (Kate Clark/TechCrunch)

Kate Clark / TechCrunch:
NEA announces a $1.35B spinout fund called NewView Capital, sells 31 of its portfolio companies including 23andMe, Duolingo, Forter, and GumGum to the new fund  —  Companies are staying private longer and longer, and New Enterprise Associates (NEA) has a new plan to combat the negative implications of the trend.



from Techmeme http://www.techmeme.com/181203/p17#a181203p17