The U.S. Securities and Exchange Commission (SEC) has raised the limit for how much a 'qualified venture fund' can raise from $10 million to $12 million. This change aims to facilitate fundraising for smaller venture capital firms. In related financial news, TechCrunch is examining various fundraising activities, including Bolt's proposed fundraise and the cash reserves of Stripe and Synapse’s founder's new venture. The discussions around these topics highlight the evolving landscape in fintech and venture capital.
In this week's TechCrunch Fintech, I look at the craziness that is Bolt’s proposed fundraise, how much money Synapse’s founder has raised for his new venture, just how much cash Stripe has and more. https://t.co/b0y0dtjnly
The SEC just made life a little easier for smaller VCs: The SEC has updated its limits to the amount of money a “qualified venture fund” can raise to $12 million from $10 million. © 2024 TechCrunch. All rights reserved. For personal… https://t.co/KX5h3gVE9O #AI #AInews #AItips
Just how much cash does Stripe have?: https://t.co/X7WNoAxhmS by TechCrunch #infosec #cybersecurity #technology #news