Dan Primack Jan 20, 2017
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Why NEA picked now to raise a giant new VC fund

Venture capital firm New Enterprise Associates surprised a lot of people earlier this week when it disclosed in an SEC filing that it is raising $3 billion for a new mega-fund. Not because $3 billion is a huge amount of money for venture capital (NEA has always been an outlier in that regard), but because the firm's current fund was raised less than two years ago.

So why come back so big so soon?