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Khosla Ventures raising $1.4 billion for new funds

Vinod Khosla. Photo by Steve Jennings/Getty Images.

Silicon Valley venture capital firm Khosla Ventures is raising up to $1 billion for its sixth flagship fund, and up to a whopping $400 million for another seed fund, according to SEC filings.

Why it matters: The venture capital world is in the midst of a fundraising boom, with many brand-name firms in market with new vehicles that are larger than their prior efforts.

Axios 3 hours ago
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Axios situational awareness

🎖️ Ronny Jackson withdraws as VA nominee — 🇫🇷 Macron sums up his Trump visit — 🌊 Kanye is the talk of the White House

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Mike Allen 4 hours ago
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Macron's blunt postgame

Collage: Sarah Grillo/Axios; Photos: Getty Images

French President Emmanuel Macron said at a remarkably candid postgame for a small group of reporters last evening that his State Visit left him convinced President Trump will withdraw from the nuclear deal with Iran, and that the U.S. president wants to create "a series of new Trump's deals."

His big takeaway: "[Y]our president is a dealmaker. You always have to understand the rationale of your counterpoint. He's a dealmaker. So he wants to find a deal and he wants to find a deal under his condition."