DeepSeek's 'most bizarre' fundraise: no CFO, one email, 5-year lockups
zijing_wu · x · 2026-09-09
Blogger zijingwu calls DeepSeek's reported fundraise the most bizarre in tech history: no CFO, no roadshow — investors submit commitments via a single email; no voting rights or board seats, with 5-year lockups; and cleanup of shady SPVs charging 15–40% fees ahead of a potential IPO. "Absolute founder mode." Unofficial details, not confirmed by the company.
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