TBPN(@tbpn):Fundrise CEO @BenMillerise says their new venture fund VCX is “super disruptive to the venture industry.” “They’re going to want us and hate us at the same time.” “To the private companies: we’re a venture fund.” “There’s no difference except our capital is evergreen. It’s forever capital—low-cost and passive.” “To me, as a founder and a builder—that’s the best money around. I’d rather have that than ‘value add.’” “I think we get to a place where, structurally, an allocation to passive long-term money becomes—the best companies get it, and the best companies want it.”

2026.03.27 22:04

Fundrise CEO @BenMillerise says their new venture fund VCX is “super disruptive to the venture industry.” “They’re going to want us and hate us at the same time.” “To the private companies: we’re a venture fund.” “There’s no difference except our capital is evergreen. It’s forever capital—low-cost and passive.” “To me, as a founder and a builder—that’s the best money around. I’d rather have that than ‘value add.’” “I think we get to a place where, structurally, an allocation to passive long-term money becomes—the best companies get it, and the best companies want it.”