Tech slump forces big four banks to slash VC outfits
The ambitious plans of three of Australia’s big four banks to capitalise on the recent tech boom are being scaled back.
Source: afr.com
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Crypto-based web3 fund UpsideDAO backed by APollo, ZedRun, Banxa and Caleb&Brown
A group of high-profile crypto investors have locked up $5 million in a unit trust branding themselves the UpsideDAO, a type of decentralised organisation that replicates an investor syndicate but uses tokens for voting rights.
Source: afr.com