Venture capital firm General Catalyst is launching a fund to buy the future revenue streams of tech startups, according to a Financial Times report. The new $300 million fund, dubbed Structured Opportunities, shows that VC firms are expanding into assets other than startup equity. Investor interest in purchasing companies’ sales revenues—rather than stakes in the companies’ themselves— took...
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Let’s Talk About Jack Dorsey
Well, it’s been a minute since Jack Dorsey has been in the news. But lest you think that Elon Musk—and Congress’s favorite punching bag, TikTok—get all the fun, today short seller Hindenburg Research sent Block’s stock down 15% with a report saying the payments company, formerly known as Square, had been inflating its user metrics by serving criminals with shady “Wild West compliance.”You can...
U.S. Prosecutors Charge Do Kwon with Fraud after Arrest in Montenegro
Mysten Labs to Buy Back Investment From FTX for $96 Million
Slack’s Sales Chief Departing Salesforce Next Month
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