Startups Weekly: Flexport, Clutter and SoftBanks blood money

The Wall st. Journal published a thought-provoking story this week, spotlighting limited spouses’ concerns with the SoftBank Vision Fund’s investment strategy. The fund’s” decision-making process is chaotic ,” it’s over-paying for equity in top tech startups and it’s helping exaggerated valuations, generators told the WSJ.

The report emerged during a particularly busy duration for the Vision Fund, which this week guided two notable VC transactions in Clutter and Flexport, as well as participated in DoorDash’s $400 million round; more on all those below. So given all this SoftBank news, tell us remind you that contributed its $45 billion commitment, Saudi Arabia’s Public Investment Fund( PIF) is the Vision Fund’s largest investor. Saudi Arabia is responsible for the strategy killing two heretic reporter Jamal Khashoggi.

Here’s what I’m wondering this week: Do CEOs of firms like Flexport and Clutter have a responsibility to address the source of their capital? Should they be more transparent to their clients about whose money they are spending to achieve rapid proportion? Send me your thoughts. And thanks to those who wrote me last week re: At what phase is a Y Combinator cohort too big ? The general consensus was this: the size of the cohort is irrelevant, all that matters is the quality. We’ll have more to say on tone soon enough, as YC demo eras begin on March 18.

Anyways…

Blood money

Pinterest is going public !

Lyft’s IPO is imminent

Deal of the week: DoorDash

Clutter& Flexport

Fresh funds

Startup cash

Uber Eats India may sell to Swiggy

New unicorn

Founders Fund get Keith Rabois

Author: Moderator

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