March 12, Bloomberg reported that venture capital firm General Catalyst is discussing a new fundraising round of approximately $10 billion, which will be used for early-stage venture investments and growth funds. The firm is expanding its investment areas and may compete with large venture capital firms.

The venture capital firm General Catalyst is in discussions regarding a new fundraising plan of approximately $10 billion, with funds to be allocated to early-stage and growth-stage funds. The firm has been progressively expanding its investment scope, and if the fundraising is successful, it will enhance its capital strength and compete with other prominent venture capital firms.