Long Venture Partners v. Waldron CA6
In 2016, Long Venture Partners L.P. (LVP) invested in a technology start-up, which eventually became known as Playco Global Inc. (Playco). In August 2020, Playco’s president and co-founder Justin Waldron represented that the company had no “plans to fundraise right now,” and LVP agreed to sell its Playco shares back to the company. However, only three weeks after the agreement to do so was signed, Playco announced a $100 million fundrai
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