The University of Michigan's $17.9B endowment has trimmed down its private fund investments
The endowment cut back its new investments in venture capital and private equity by nearly half in the 12 months ending in June 2023.
Source: fortune.com
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IPO candidate Shein under fire by Temu—again—over alleged bullying, intimidating suppliers in new lawsuit
The lawsuit is the latest barrier to the fast fashion retailer as it seeks a public listing in the U.S.
Source: fortune.com
The Term Sheet: Startup funding roundup for November 2023
Among firms raising cash: a salsa maker, a donation-minded software company and a maker of kits for cats and dogs.
Source: businessden.com
Vinod Khosla sees risk ahead but it's not AI he's most worried about
Khosla agrees that Biden administration cutting off advanced chips to China is the right move
Source: fortune.com
Global VC funding dropped 16% in November
“2024 is a down round year,” predicted VC Brian Smiga.
Source: fortune.com