«We will know the labor market is getting tight when we do see a more
meaningful upward move in wages,» Powell said in response to a reporter's question as to whether he was satisfied with the pace of wage growth, which remains lackluster by most accounts.
Aside from the difficulty of finding family offices that are allocating into venture funds (most do not publish investing strategies publicly), the bar for
meaningful allocations ($ 2MM +) has dramatically
moved upward in recent quarters.