On our radar: L Brands is said to be close to a deal to sell control of Victoria’s Secret to the investment firm Sycamore Partners. ‘Where is my money coming from?’Silicon Valley is abuzz over a series of tweets from Chamath Palihapitiya, the venture capitalist and provocateur, suggesting that investment firms and start-ups should look more closely at who’s giving them money. • Referring to investment firms’ limited partners, or investors, he tweeted: “What if the LPs money was stolen by an autocratic leader? What if their family made guns or alcohol or tobacco? What if they believe in Pro-Life vs Pro-Choice or No-Guns vs Ok-Guns?”• “The best GPs should know that they can pick their Capital partner and I would encourage them to ask tougher questions of their LPs.”

Source: New York Times February 10, 2020 11:48 UTC