ISSUE – May. 01 | Ex-Kleiner Perkins partner raising third fund for consumer firm

Goodwater Capital, co-founded by ex-Kleiner Perkins partner Chi-Hua Chien and Eric Kim, formerly of Maverick Capital, is raising a third venture capital fund with a target of $350 million, according to an SEC filing. Why it matters: The firm’s latest fund is its largest yet, showing that there’s an ever-present appetite for investing in consumer startups. [ Axios ]

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