Meta Offers to Acquire Minority Stake in NFDG Venture Funds
ByAinvest
Thursday, Jul 3, 2025 3:09 pm ET1min read
META--
Meta Platforms is offering to buy a minority stake in the venture funds founded by AI recruits Nat Friedman and Daniel Gross, giving limited partners a chance for a quick exit. The funds, helmed by Friedman and Gross before they joined Meta, will have their stakes bought out via a tender offer. This move will help limited partners exit the funds at a profit.
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