Venture capital world changing as hedge funds target tech startups

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Wall Street is becoming a bigger player in the tech startup scene, throwing gobs of money at companies, driving up funding rounds and creating outsized valuations. Many of the biggest startup investments this year belong not to the storied Silicon Valley venture firms but to 401(k) managers such as Fidelity and behemoth financial institutions such as…

Venture capital world changing as hedge funds target tech startups

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