Friday, October 2, 2020

Tribe Capital is close to announcing Firstlook, a program for individuals with a net worth +$1M and annual income of $200k to co-invest in startups with Tribe (Zoë Bernard/The Information)

Zoë Bernard / The Information:
Tribe Capital is close to announcing Firstlook, a program for individuals with a net worth +$1M and annual income of $200k to co-invest in startups with Tribe  —  For years, venture firms have given pension funds, family offices and others who put money into their funds ways to invest more directly in the firms' startups.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...