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“Dry powder” is a term that is used frequently in the investment world

Those who have been involved in the start-up scene for years toss around terms and acronyms as if everyone knows what we are referencing. Many don’t. Some ask; others don’t. So, as we come across good explanations of these terms, we are going to post links that explain them. The first, courtesy of PitchBook, is about “Dry Powder,” something that venture and angel capital firms reserve for follow-on investments.

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