Yuliya Chernova / Wall Street Journal:

Sources: Meta offers to buy ~49% of Nat Friedman and Daniel Gross's VC fund NFDG; about half of NFDG's first fund of ~$1.1B, raised in 2023, has been invested  —  Meta Platforms is offering to buy a minority stake in funds of the venture firm founded by two of its key artificial intelligence recruits …

Yuliya Chernova / Wall Street Journal:

Sources: Meta offers to buy ~49% of Nat Friedman and Daniel Gross's VC fund NFDG; about half of NFDG's first fund of ~$1.1B, raised in 2023, has been invested  —  Meta Platforms is offering to buy a minority stake in funds of the venture firm founded by two of its key artificial intelligence recruits …

Source: TechMeme
Source Link: http://www.techmeme.com/250703/p32#a250703p32