Photographer: Tomohiro Ohsumi/Bloomberg
Venture Capital

AngelList Braces for Rainy Days as Startup Seed Funding Falls

The investing platform is expanding its recruitment tools and is hoping to put together a $1 billion “rainy day” fund.

AngelList is preparing for winter. The company, which runs an online portal connecting entrepreneurs with private investors, is assembling a “rainy day” fund and exploring new businesses as the market for investing in young startups slows.

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