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Cendana Capital, which has been backing seed funds for a decade, has $278 million more to invest

Mimi Sabreena 8:29:00 AM Business

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When in 2010, former VC Michael Kim set out to raise a fund that he would invest in a spate of micro VC managers, the investors to which he turned didn’t get it. Why pay Kim and his firm, Cendana Capital, a management fee on top of the management fees that the VC managers themselves …

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