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Hustle Fund, founded by two ex-500 Startups partners, closes $11.5 million fund — TechCrunch

Hustle Fund, the pre-seed firm founded by former 500 Startups partners Elizabeth Yin and Eric Bahn, has closed their first fund, coming in at the tune of $11.5 million, writes Megan Rose Dickey.

Here is the link: https://techcrunch.com/2018/09/12/hustle-fund-founded-by-two-ex-500-startups-partners-closes-11-5-million-fund/

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.