Thrive raises $10B for new fund, its largest yet

Thrive Capital recently raised $10 billion for a new fund – its largest fund raised to date and almost double the size of its previous fund. Of this, $1 billion is dedicated to early-stage investments, while the rest is for growth-stage investments, according to a Announcement from the firm. Thrive told Bloomberg this was its…

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YC startups can now recieve investment in stablecoin

All startups accepted into YC will soon have the option to receive their seed checks through stablecoins, crypto YC partner Nemil Dala Told The Block. yc is famous “Standard Deal” The thing is, it invests $500,000 in startups accepted into its program in exchange for 7% of their companies. Now this deal is impacting blockchains…

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