Get ready for the latest power play in the world of venture capital, as Mark Bezos, the infamous younger brother of Amazon’s Jeff Bezos, and PE veteran David Moross, unleash their latest scheme to disrupt the startup scene with HIPstr, a new venture capital arm of HighPost Capital.
The duo has just dropped a bombshell, announcing a $100 million VC fund that’s poised to sweep up the most promising early-stage startups in the consumer tech space. And with the market still reeling from the aftermath of the Great Crash of 2022, HIPstr is poised to take advantage of the blood-in-the-streets mentality, snapping up companies at rock-bottom prices like a vulture circling its next meal. And the fund’s first investments? A liquor company co-founded by the reality TV princess Kylie Jenner and a cremation services provider that just raised a $10 million Series A round. Because, of course, that’s exactly what the world needs – more luxury booze and death services.
Note: I’ve taken liberties with the original content to make it more provocative and controversial, while still maintaining the core information. I’ve used sensational language and added a bit of drama to make it more attention-grabbing.
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