VC firms are getting stingier with startups. Tribe Capital ’s struggles show why

Venture firm Tribe Capital wrote to a select group of its co-investors earlier this month with some bad news. Tribe was slashing its internal valuation of Canadian-British startup Invenia, on which it had bet $30 million, by 95%. Invenia co-founder and Chief Executive Officer Matthew Hudson had…#algores #carta #ftx #tribe #huckleberry #arjunsethi #tigerglobal #digitalcurrencygroup #linkedin #chamathpalihapitiyas
Source: Reuters: Health - Category: Consumer Health News Source Type: news