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The largest investment fund for women’s sports is now even bigger

Fast Company Tech

As buzz around womens sports continues to grow , the largest dedicated female sports fund just got larger. Monarch Collective, the first and largest investment platform that exclusively invests in womens sports, announced Thursday that it has expanded its fund size from $150 million to $250 million.

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AI’s hype isn’t going to be simply star-studded 

TechCrunch

While Kutcher’s firm has been around for a long time and has lived through enough hype cycles to not be easily swayed one way or another, the filing made me curious. Especially since crypto, the hype train’s ol’ favorite sector, has sputtered and struggled in recent months? It’s complicated, and I may be entirely wrong. Only FTX, now.

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rali_cap gets backing from global VCs and launches $30M fintech fund for emerging markets

TechCrunch

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite.

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Cybersecurity firm says social media bots hyped GameStop during trading frenzy

The Verge

Shares in GME skyrocketed in January as Reddit users on r/wallstreetbets rallied around the stock in an attempt to squeeze hedge funds that had bet against the video game company. PiiQ told Reuters it detected “patterns of artificial behavior” in GameStop-related posts just before the January 28th chaos through February 18th.

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Mayfield raised just shy of $1B to avoid unicorn hype

TechCrunch

Navin Chaddha , the storied investor running Mayfield Fund , doesn’t want to be running a billion-dollar fund like many of his peers. We could have raised $2 billion, but what will we do if we don’t believe in it — you just need a billion to be called a unicorn VC fund? “We There’s no such need, “Chaddha said.

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Chasing hype is human nature: The tyranny of startup trends

TechCrunch

I think it’s important that we explicitly discuss something that every VC instinctively knows: The hype around a given business or category has become a form of bias for investors and founders when vetting ideas to pursue. At any point in time, you can find FOMO-flavored bad business decisions based on false market signals somewhere in tech.

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Investors say web3 and hype are in for 2023, high valuations are out — maybe?

TechCrunch

The ecosystem watched as startup funding dried up , held its breath as a $32 billion venture-backed company evaporated almost overnight and witnessed one of the largest startup acquisitions of all time. I would expect international funding into Europe to slow over the coming year as GPs are put under pressure. Probably not.

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