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Reid announced his $10MM commitment to
Endeavor Catalyst II during the Thursday plenary.
The Launch of Endeavor Catalyst II â Raising $100MM
Raising $100MM would allow us to raise our
investment cap (currently $1MM) and participate
in follow-on rounds in a rules-based way.
Investment size opportunities range from
$250kâ$10MM
Given our current pace of investment, we expect
to spend down Fund I by Q2 2017. We will begin
deploying Fund II at this time.
RAISING:
$100MM
FIRST CLOSE:
FINAL CLOSE:
NOVEMBER
2016
APRIL
2017
President Obama and Reid Hoffman officially launched Endeavor Catalyst II, the second
Endeavor Catalyst Fund, at the 7th Annual Global Entrepreneurship Summit hosted in
Palo Alto on June 23rd.
President Obama recognized Endeavor Catalyst
during the Friday plenary.
