NEA announces a $1.35B spinout fund called NewView Capital, sells 31 of its portfolio companies including 23andMe, Duolingo, Forter, and GumGum to the new fund (Kate Clark/TechCrunch)
NEA announces a $1.35B spinout fund called NewView Capital, sells 31 of its portfolio companies including 23andMe, Duolingo, Forter, and GumGum to the new fund — Companies are staying private longer and longer, and New Enterprise Associates (NEA) has a new plan to combat the negative implications of the trend.
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