Resolute Ventures, an early-stage firm with offices in San Francisco and Boston, just closed its fourth fund with $75 million. It’s an almost shockingly conservative amount of capital in today’s era of big-is-better funds. And with valuable companies like the real estate startup OpenDoor, the applicant tracking system company Greenhouse, and the dog products company BarkBox in its portfolio, one imagines that seven-year-old Resolute could have raised more. It didn’t want to do that, says firm founder Mike Hirshland, who spent 17 years with Polaris Partners before founding Resolute and soon after bringing aboard the firm’s only other general partner, Ranaan Bar-Cohen, a former exec with WordPress parent company Automattic. It’s much the same story as Hirshland shared with us back in 2017, when the firm closed its third fund with $65 million.

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