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In 2023, female-owned venture capital firms received just 3% of the total $107 billion raised across venture firms worldwide, up from 2% in 2022. It is within this environment that Renata Quintini, cofounder and managing director of Renegade Partners, is announcing the close of a fresh $128 million in dry powder. The close of Fund II brings her firm’s total assets under management to $228 million, a size Quintini believes is a “Goldilocks” fit for the work she and cofounder Roseanne Wincek want to do. <br/><br/>“If you’re managing a billion dollars, the math works against you,” she said during a sitdown interview at the Forbes studio. “At our fund size, we can write checks for $10 million, orin some cases have single digit percentage ownership that makes sense for our fund math… I’d much rather own a bite of a watermelon than the whole grape. Let’s optimize for opportunities to say yes to great founders.” Quintini also dished on what aspiring founders—of companies and venture firms alike—need to know about operating in 2024.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

VC Renata Quintini Reveals Her Firm’s New Fund And Why She Doesn’t Aspire To $1 Billion In AUM

⏲ 29:37 👁 725K

Adventures With Purpose

SOLVED: Missing 30-years Underwater (Carey Mae Parker) AWP Brings Their Mother Home!

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Adventures With Purpose

CAREY MAE PARKER BREAKING NEWS: We Found Human Remains - Live Stream Update

⏲ 23 minutes 19 seconds 👁 260.5K

NCIS 21x10 \

NCIS S21E10 Reef Madness

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Inside Edition

New York Doctor Spots Cancer on Woman During HGTV Appearance

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Stanley Dentistry

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Nice Chains Bro on Paramount+'s New Series Knuckles

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The Hollywood Collection

Cary Grant: The Leading Man | The Hollywood Collection

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Past Paradise

The Infamous Scene That Took 'bewitched' off Air

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Tony nominations unveiled with Rachel McAdams, Sarah Paulson, and Daniel Radcliffe earning nods. McAdams and Paulson are both nominated in the same category for Best Leading Actress in a Play. Radcliffe is nominated for Best Featured Actor in a Musical for his role in Merrily We Roll Along . Other notable nominees include Eddie Redmayne, Jim Parsons, Jonathan Groff, Leslie Odom Jr., and Jeremy Strong. The award ceremony will be hosted by Oscar winner Ariana DeBose on June 16. WNBA star Candace Parker announces retirement. After a 16-year career and 3 championship wins with 3 different teams, Parker is stepping away from the league. She announced her retirement in an Instagram post, writing 'I'm grateful for family, friends, teammates, coaches, doctors, trainers & fans who made this journey so special.' Actress Haley Pullos to serve jail time following DUI charge. The General Hospital actress will serve 90 days in jail before 5 years on probation for her involvement in a wrong-way head-on crash in California last year. Pullos must perform 200 hours of community service and pay restitution to the other driver involved. In today's birthday news: actor Johnny Galecki turns 49, actress Kirsten Dunst 42, actress Gal Gadot 39, actress Dianna Agron 38, actress Ana de Armas 36, and rapper Travis Scott 33.

Tony Award Nominees Revealed, WNBA's Candace Parker Retires After 16 Years, General Hospital Actress Haley Pullos to Serve Jail Time Following DUI

⏲ 1:0 👁 5M

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