FOs are looking more like VCs today
76% of the FOs surveyed invest directly in startups, and 26% source their own opportunities.
Funds provide exposure to venture, but the barrier is access
Funds help outsource deal flow and due diligence, but getting access to quality funds is difficult.
COVID-19 slowed capital deployment, but FOs remain optimistic
63% of FOs said they will retain or increase their venture allocation, despite the pandemic.