Sources: Meta offers to buy ~49% of Nat Friedman and Daniel Gross's VC fund NFDG; about half of NFDG's first fund of ~$1.1B, raised in 2023, has been invested (Yuliya Chernova/Wall Street Journal)

Yuliya Chernova / Wall Street Journal:
Sources: Meta offers to buy ~49% of Nat Friedman and Daniel Gross's VC fund NFDG; about half of NFDG's first fund of ~$1.1B, raised in 2023, has been invested  —  Meta Platforms is offering to buy a minority stake in funds of the venture firm founded by two of its key artificial intelligence recruits …

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