Sources: Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest (Alex Konrad/Upstarts Media)
Exclusive details on Town's new $90M fundraise at a $1B valuation, and the eleventh-hour cap table reshuffling behind it, per Upstarts sources.
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.
