Report: Backstage Capital Shifting To Accelerator Model After Fundraising Issues
socalTECH
MARCH 19, 2019
West Hollywood-based venture investment firm Backstage Capital is shifting entirely to an accelerator model, according to reports today, after failing to raise a new, $36M venture capital fund. The report--from Axios--said the fund is now entirely focused on its accelerator, Backstage Studio, and also has been cutting staff.
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