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DOJ To Sue Live Nation Over Taylor Swift Fiasco & Tech Startup Market Scores $7B Boost
Morning Brew Daily
Recent Horowitz raises 7.2 billion dollars for new funds
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Recent Horowitz has successfully closed a fundraising round of 7.2 billion dollars, one of the largest in recent times, diversifying the allocation into general growth, AI, American dynamism, and gaming funds. This massive fundraise is significant amidst a less favorable environment for VC funding globally. Despite a slow start in deal volume, this substantial injection of funds may revitalize the struggling startup tech sector. Although there are doubts about deploying a large sum into the gaming industry, the focus on AI appears promising. Mark Andreessen's influence as a thought leader in the tech industry also adds to the significance of this fundraising success.
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