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Venture capitalist says it is a "precarious moment" in markets after looking at more than 100 companies to take public with two SPACs and not finding a deal "SPAC King" Chamath Palihapitiya Closing Two SPACs After Failing to Find Deals. [Extracted from the article]

Funding is suddenly scarce as venture capital firms grow stingy, forcing young companies to get frugal and focus on breaking even. [Extracted from the article]

Deals led by nontraditional investors have valuations that are on average five times the valuations in deals led by traditional venture capitalists, data from PitchBook show. Keywords: chartlos; Trusts/Funds/Financial Vehicles; Private Equity; Mutual Funds; Alternative Investments; Financial Services; Hedge Funds; Investing/Securities; Technology; Venture Capital EN chartlos Trusts/Funds/Financial Vehicles Private Equity Mutual Funds Alternative Investments Financial Services Hedge Funds Investing/Securities Technology Venture Capital N.PAG N.PAG 1 08/03/21 20210802 NES 210802 Hedge, mutual and pension funds are investing heavily, leading to higher valuations and more leverage for company founders The world's largest investment funds are descending on Silicon Valley with unprecedented financial force, roiling the once-niche business of tech startup funding and crowding out traditional venture capitalists. [Extracted from the article]

The article focuses on Venture capitalist Chamath Palihapitiya of the venture capital Social Capital who has angered his industry by criticizing its lack of diversity. It presents views of Sue Khim, chief executive of Brilliant.org, on Palihapitiya. It states that workplace diversity has been an afterthought at most venture-capital firms.