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April 4, 2018 08:14 am GMT

500 Startups takes strategic investment from Abu Dhabi Financial Group

500 Startups, the U.S.-headquartered VC firm hit by scandal last year after co-founder Dave McClure resigned following allegations of sexual misconduct, has announced an unconventional deal that sees Abu Dhabi Financial Group (ADFG) take a stake in its parent company. It is normal for VC firms to work closely with big corporates as LPs that […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Pb6_qIzngV0/

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