Post by Sheel Mohnot on X
Sheel Mohnot@pitdesi
XGC would be the 1st major US VC fund to IPO.
They: own a health system, a wealth business, a FoF, debt business, etc.
All started from a $73M fund 1 that had a 0.7% IRR! Their first 5 funds weren't exceptional.
All changed when Hemant led Stripe's B (2012)!

739 likes31 repliesPosted Feb 28, 2025