Meta Platforms offers to acquire minority stake in venture capital firm NFDG "

Crypto 7x24

2025-07-04 12:19:07

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Internet reports, according to the Wall Street Journal, Meta Platforms is proposing to acquire minority stakes in some funds of venture capital firm NFDG. The company was founded by its newly hired AI leaders Nat Friedman and Daniel Gross. The tender offer will allow the fund's limited partners to withdraw partially at the current valuation and quickly cash out. The two founders have gradually retreated from NFDG.

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