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What will be the impact on Hone Capital's investment activities following the FBI investigation by December 31, 2024?
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Resolution / Starting Odds
No impact • 25%
Reduced investments • 25%
Complete halt of investments • 25%
Increased investments • 25%
Public announcements from Hone Capital, investment activity reports, or news reports
Story
FBI Investigates Hone Capital for Allegedly Passing Trade Secrets and Client Data to China
Sep 25, 2024, 06:35 AM
The FBI is investigating Hone Capital, a Silicon Valley venture capital firm, for allegedly allowing Beijing to obtain trade secrets and client data from its portfolio companies. Hone Capital, which launched in 2015, has invested in 360 US tech startups, including notable firms like Stripe, Cruise, and Boom. The investigation is part of a broader concern about foreign investments in US tech companies potentially compromising national security. In July, the US National Counterintelligence and Security Center (NCSC) warned that overseas adversaries might use investments to acquire sensitive data. The probe has also implicated AngelList, a prominent investment platform.
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No action taken • 25%
Fines imposed • 25%
Executives arrested • 25%
Company shut down • 25%
No charges filed • 25%
Charges against Hone Capital executives • 25%
Charges against AngelList • 25%
Both Hone Capital and AngelList face charges • 25%
No significant impact • 25%
Reduction in investments • 25%
Complete halt in investments • 25%
Divestment from U.S. startups • 25%
Significant impact (more than 10 companies affected) • 25%
Moderate impact (5-10 companies affected) • 25%
Minimal impact (1-4 companies affected) • 25%
No impact • 25%
Focus on non-U.S. investments • 25%
Reduce overall investments • 25%
Increase due diligence • 25%
No change • 25%
Cleared of any wrongdoing • 25%
Fined but no criminal charges • 25%
Criminal charges filed • 25%
Ongoing investigation • 25%