Wednesday, September 29, 2021

Filings: General Catalyst is aiming to raise up to $300M for a fund to buy sales contracts from tech startups, one of the first and largest funds to do so (Miles Kruppa/Financial Times)

Miles Kruppa / Financial Times:
Filings: General Catalyst is aiming to raise up to $300M for a fund to buy sales contracts from tech startups, one of the first and largest funds to do so  —  One of Silicon Valley's largest venture capitalists gets into financial engineering  —  General Catalyst, one of the largest US venture capital firms …



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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;...