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Chicago-based Hyde Park Venture Partners has closed its $98 million Fund IV with two investments made so far. The fund has attracted investments from Citigroup's VC arm and has partnered with API security startup Traceable. Traceable's API security solutions are crucial in today's interconnected world, as APIs become a common attack vector. The funding will support Traceable's mission to secure every API.
They thought they were joining an accelerator — instead they lost their startups. “How Newchip’s bankruptcy threatened the cap tables of thousands of startups.” https://t.co/wjvEeH3CGR
Accelerator or dream crusher? Newchip's bankruptcy saga reads like a horror movie for startups, @ChristineMHall reports: Warrants sold off, founders left high & dry, and a CEO with a ‘military mindset’... It’s the Hunger Games, startup style! https://t.co/n3KIoeqnVJ @TechCrunch
Amazing tale of unintended consquences and poor leadership from @bayareawriter and @christinemhall: They thought they were joining an accelerator — instead they lost their startups https://t.co/77TJHNxc6d - tip @Techmeme
