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500 Startups Takes Strategic Investment from Abu Dhabi Financial Group
- throwmeintoit 9y agoI can assure you this is the beginning of the end of 500. ADFG is not a passive investor. They invest for control as is obvious in the fact that they've taken on 1 of 2 board seats. ADFG is the exact opposite of the kind of investor 500 should/would have taken if it had the choice - its extremely controlling/ domineering, totally doesnt get tech, and WILL get involved in the day to day/ realign strategy to suit its interests.