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Wednesday, September 25, 2024

Hone Capital, a Silicon Valley firm, is being probed by the FBI

According to the FT, the FBI is now poking around nine-year-old Hone Capital, a Palo Alto, Ca.-based venture firm funded by a Chinese private equity firm, to determine whether some of its capital came from the Chinese government — and if it shared sensitive startup data with Beijing. Originally launched with $115 million from China’s […]

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