As in other venture capital funds, the money is invested for 5 to 10 years.
But getting into the most desirable venture capital funds at this late date has not been easy.
By November 2011, the company had raised $1 million in venture capital funds.
Investors in venture capital funds are known as limited partners.
The next step is to find someone to oversee the company's venture capital fund.
To spread the risk, venture capital funds bet on many companies.
And it is organizing a $100 million venture capital fund.
They are, in fact, available from banks and venture capital funds.
In 2000 alone, venture capital funds received more money than they had done during the previous 15 years, he said.
This year, the group has committed up to $250,000 in venture capital funds.
Just more than half the investments yielded a positive return, and most of the venture capital funds made money.
As in other venture capital funds, the money is invested for 5 to 10 years.
But getting into the most desirable venture capital funds at this late date has not been easy.
By November 2011, the company had raised $1 million in venture capital funds.
Investors in venture capital funds are known as limited partners.
The next step is to find someone to oversee the company's venture capital fund.
It will merge three venture capital funds into a single fund.
And it is organizing a $100 million venture capital fund.
One of the paths taken was to put endowment money in venture capital funds.
This year, the group has committed up to $250,000 in venture capital funds.