FirstMark Capital, a New York-based venture firm known for early investments in Pinterest, Aereo and Shopify, has raised its third fund since 2006. According to the firm, FirstMark III was oversubscribed. Amish Jani, a founder and managing director, indicated that the partners prefer to work with smaller funds, so they don't feel pressure to make subpar investments.The firm spun out of Pequot Capital Management to operate independently of the hedge fund in 2008
FirstMark Capital, a New York-based venture firm known for early investments in Pinterest, Aereo and Shopify, has raised its third fund since 2006. According to the firm, FirstMark III was oversubscribed. Amish Jani, a founder and managing director, indicated that the partners prefer to work with smaller funds, so they don't feel pressure to make subpar investments.The firm spun out of Pequot Capital Management to operate independently of the hedge fund in 2008
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