Floodgate’s Ann Miura-Ko: Follow-on capital a secret to top returns

Floodgate, Ann Miura-Ko, venture capital, Iris Choi, Premoney Conference
Floodgate’s Founding Partner Ann Miura-Ko (right) and Partner Iris Choi speak on stage at the Premoney Investor Conference on Oct. 2, 2018, at the InterContinental Hotel in San Francisco. Photo courtesy of Premoney.
When Floodgate raised a $131 million sixth fund in 2017, almost double its traditional $75 million fund, it ran headlong into a startling new reality. “The amount of reserves that we’re holding is the size of a regular fund,” Partner ...

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