The return of Xfund
Last year, the co-founders of venture capital firm Xfund were in the midst of a skirmish that had included "employee firings, name-calling, bank account freezes and even a restraining order request." It really appeared that the only question was if Xfund wanted to be buried or cremated.
But xFund is back, after Patrick Chung and Hugo Van Vuuren privately settled their legal differences. Chung has remained with Xfund, which quietly secured some new LP commitments and has added a new partner. Van Vuuren has moved on, with a source saying that he's mostly traveling and advising enterprise venture fund Work-Bench.