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Krystal Hu

New York, San Francisco

Venture Capital and Startups Reporter at Reuters

covering VC, startups & tech investments for @Reuters. Made in China, trained by NYC, trying to vibe with Silicon Valley. Signal: krystalhu.01

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Krystal Hu
Krystal Hu @readkrystalhu
8 Apr 25

scoop: a16z is seeking to raise a $20 billion fund for growth AI investments, the largest in the fund's history, sources told me & @annatonger @kenrickcai Non-US LPs see this as an opportunity to back US AI. New test for VC scale game after SoftBank VF. https://t.co/nv1QTourDB https://t.co/jukPQT8mVx

Krystal Hu
Krystal Hu @readkrystalhu
29 Mar 25

RT @ReutersLegal: Exclusive: Blackstone evaluates taking a stake in US TikTok spinoff, sources say https://t.co/IoP84CEX8b https://t.co/6jL…

Krystal Hu
Krystal Hu @readkrystalhu
28 Mar 25

When public investors go early: I learned Coatue backed Corewave's Series C with strong downside protection. If 20-day VWAP of $CRWV is below *$68* after 2 years, they can ask Coreweave to pay back the $1.2 bln investment. Corewave closed its first trading day at IPO price $40 https://t.co/WPtDU3kfDZ