Young Rich Lister says more founders should take cash off the table

Australia’s first secondary venture capital fund, SecondQuarter Ventures, is close to $100 million in commitments for its second fund, as more early investors and founders look to cash in some of their chips early.

Coinciding with the raise of the second fund, Young Rich Lister and A Cloud Guru (ACG) co-founder Sam Kroonenburg is joining the SecondQuarter team as a venture partner, after he sold his company to US firm Pluralsightfor $2 billion last year.