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Situational Awareness’s Mystery Investment Was to Source Foundry

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Situational Awareness’s Mystery Investment Was to Source Foundry A mystery $400 million investment made by Situational Awareness just days after the hedge fund was on the brink of collapse was to chip manufacturing startup Source Foundry, according to people familiar with the matter. Bloomberg had reported on a bet the hedge fund made on a privately held company backed by Sequoia Capital, without identifying the firm. The Wall Street Journal earlier named Source Foundry as the recipient.

Situational Awareness’s Mystery Investment Was to Source Foundry A mystery $400 million investment made by Situational Awareness just days after the hedge fund was on the brink of collapse was to chip manufacturing startup Source Foundry, according to people familiar with the matter. Bloomberg had reported on a bet the hedge fund made on a privately held company backed by Sequoia Capital, without identifying the firm. The Wall Street Journal earlier named Source Foundry as the recipient.
Situational Awareness’s Mystery Investment Was to Source (ORG) Situational Awareness (ORG) Foundry (PERSON) Bloomberg (ORG) Sequoia Capital (ORG) The Wall Street Journal (ORG) Source Foundry (PERSON)
Originally published by Bloomberg Markets Read original →