WestCap, Backer of Splashy Startups, Marks Down Funds by a Fifth In Tech Rout

WestCap, Backer of Splashy Startups, Marks Down Funds by a Fifth In Tech Rout

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Laurence Tosi’s WestCap Management composed down the integrated worth of its primary financialinvestment funds by practically a 5th in the 2nd quarter as potentialcustomers dim for Silicon Valley start-ups to promptly create windfalls.
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