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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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)
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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)
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