500 Startups to sell equity in its parent company Mothership to Abu Dhabi Financial Group, which will oversee operations alongside co-founder Christine Tsai (Theodore Schleifer/Recode)

Theodore Schleifer / Recode:
500 Startups to sell equity in its parent company Mothership to Abu Dhabi Financial Group, which will oversee operations alongside co-founder Christine Tsai  —  It's the VC firm's most meaningful governance change since its CEO resigned from the role last year.

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