PANews reported on March 12 that, according to Bloomberg, venture capital firm General Catalyst is in talks with investors for a new round of fundraising, targeting approximately $ 10 billion. Sources say the funds will be allocated to multiple fund vehicles, including its growth fund and early-stage venture capital fund. Negotiations are still in the early stages, and the final fundraising target may be adjusted. The firm has transformed from a traditional venture capital firm into a broader financial services company in recent years.