🥣 Good Saturday morning to you! Starting this week's deals recap with a big Friday scoop.
🚨 Situational awareness: Founders Fund has quietly cut the size of its eighth venture capital fund in half, from around $1.8 billion to around $900 million, Axios' Kia Kokalitcheva and Dan Primack report.
This is a shot across the VC industry's bow and will force peers to explain why they're not doing the same. It also puts added pressure on firms that currently are in market. Go deeper
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