Greylock caps $1.5B fund to stay a hands‑on partner
Greylock raised a $1.5 billion 18th fund—50% larger than its last—but capped it to stay under 25 investments, preserving the hands‑on support that produced AI stars like Baseten and early wins such as Palo Alto Networks. The move signals a bet on quality over scale as AI deals flood the market.