# Lightspeed Builds OpenAI Continuation Fund

> Lightspeed moves OpenAI stake into continuation fund to keep exposure past fund deadline.
- Title: Lightspeed Builds OpenAI Continuation Fund · Dealroom
- Summary: Lightspeed moves OpenAI stake into continuation fund to keep exposure past fund deadline. Lightspeed creates a continuation fund to hold its OpenAI stake…
- Keywords: lightspeed, openai, continuation fund, venture fund, project mercury, coller capital, ubs, startups, business, Builds, Continuation, Fund
- Source: Dealroom — https://dealroom.co/news/145071-lightspeed-builds-a-continuation-fund-around-its-openai-stake
- Published: 2026-08-14T12:24:07+00:00
- Read time: 1 min
- Topics: lightspeed, openai, continuation fund, venture fund, project mercury, coller capital, ubs, startups, business
## What's the deal?
Lightspeed moves assets anchored by its openai stake into a continuation fund it will continue to manage.
## How it works
A venture fund typically has a roughly 10-year life after which it must sell holdings and return cash to investors.
## The upshot
Lightspeed hands backers liquidity while keeping exposure to openai.
## Key takeaway

Lightspeed creates a continuation fund to hold its OpenAI stake without selling it at fund's end.