We’ve heard about consolidation in the word of startups; today comes some news about a thinning of the ranks among VCs. Formation 8 — the VC firm co-founded by Palantir’s Joe Lonsdale that also counts as a GP a scion of the family behind Korea’s LG — is winding down its investment activities. Specifically, the VC has sent out a memo to portfolio… Read More

Source: Tech Crunch