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In Brief
Posted:
1:55 PM PDT · October 14, 2024
Image Credits:PM Images / Getty Images
Josh Buckley, the former CEO of Product Hunt, is aiming to raise a fourth $250 million fund for his venture capital firm, Buckley Ventures, according to a regulatory filing.
Buckley’s ambitions for this fund are significantly lower than for his previous one. He sought to raise a $500 million third fund in February, 2022, right as the VC world hit a bear market. He raised $337 million for it, according to PitchBook data.
During the fundraising frenzy that peaked in 2021, Buckley became known as one of the solo venture capitalists, along with the likes of Lachy Groom, willing to offer startups better terms and higher prices than traditional VCs to win deals for coveted startups.
Some of Buckley’s high-profile bets didn’t pan out like Airlift, a Pakistani logistics startup that shut down in 2022, about a year after Buckley co-led its $85 million Series B. Buckley didn’t respond to a request for comment.
