How Big Firms Became Capital Stack Monsters
“we had just talked about off-camera like eight VC partner with Apollo in order to enable them to have that full balance sheet that can see a company through the entire lifecycle”
Transcript
private equity some to some case and so we're seeing firms like we had just talked about off-camera like eight VC partner with Apollo in order to enable them to have that full balance sheet that can see a company through the entire lifecycle general catalyst you know being able to start buying
hospital systems and you know things like that that's enabling them to now say okay we're not just a venture fund that's looking for you know equity-based risk but we can also take on different parts of the capital stack you know have deeper pockets and depot capital markets
on the debt side on the financing side and so that's been really changing the landscape