The latest in the Binary Capital blowup and what it means for startup investing

 Binary Capital, the San Francisco-based early stage fund whose cofounder, Justin Caldbeck, resigned this past Sunday, is shutting down for all practical purposes. A source tells Bloomberg that the young firm, which had closed its second fund last year with $175 million in commitments but barely begun to invest that capital, will be wound down. Binary’s portfolio companies, including from… Read More

http://ift.tt/2tnfqoL The latest in the Binary Capital blowup and what it means for startup investing http://ift.tt/2s0rwQC