[ensemblehq]

The VC market is based on power laws and hype, much less to do with the actual business fundamentals itself. PE might be more suitable as a funding option for businesses that are stable and have demonstrated decent (but not astronomical) growth.

[gumby]

Not sure what you mean: VC is a small corner of the PE market.

Are you thinking of a VC crossover fund or late stage only fund?