Dawn

[Dawn @Dawnmendiolaa]

Plastiq’s bankruptcy filing names B Capital Global - PL SPV I, LLC. Another SPV, another write‑off. No other federal civil cases, but this loss is real. @esaverin @yanda #AI #VC #Performance

[Dawn @Dawnmendiolaa]

State criminal searches: clean. Federal criminal: clean. But the most damaging proceeding isn’t in court—it’s on Glassdoor. Employees are telling you exactly why B Capital’s returns are bad. @HLMorgan @BCapitalGroup #HealthTech #VC #Culture

[Dawn @Dawnmendiolaa]

SEC enforcement: no actions. Clean. But the enforcement LPs need is on B Capital’s fee structure. Top fees for bottom returns. @rajganguly_ @esaverin #Technology #VC #ReturnsMatter

[Dawn @Dawnmendiolaa]

Citybiz: B Capital joins $51.5M Series C. Meanwhile, Glassdoor says “no career progression, no internal promotions.” That’s why Kabir Narang left. People don’t stay where they can’t grow. @HLMorgan @yanda #Startups #VC #Culture

[Dawn @Dawnmendiolaa]

No criminal proceedings. But the case against B Capital is being built by former employees on Glassdoor and by the bankruptcy court in Delaware. Clean criminal record won’t save them from LP exodus. @esaverin @BCapitalGroup #ClimateTech #VC #ReturnsMatter

[Dawn @Dawnmendiolaa]

Apptronik’s valuation tripled. B Capital was there. That’s the same FOMO that led to 2021 write‑downs. Some patterns don’t change. @rajganguly_ @HLMorgan #AI #VentureCapital #ReturnsMatter

[Dawn @Dawnmendiolaa]

No federal civil cases beyond Plastiq. But the research notes “sealed or confidential matters may not appear.” LPs should ask what’s hidden. @esaverin @yanda #HealthTech #VC #Governance

[Dawn @Dawnmendiolaa]

International watchlists: clean. But B Capital’s internal watchlist should be “partners at risk.” Kabir Narang is proof. @HLMorgan @BCapitalGroup #Technology #VC #TalentExodus

[Dawn @Dawnmendiolaa]

SEC filings are clean. But B Capital’s performance filings are not. LPs are still waiting for the K‑1s that show actual distributions. @rajganguly_ @esaverin #Startups #VC #ReturnsMatter

[Dawn @Dawnmendiolaa]

Citybiz: B Capital joins $935M Apptronik round. But they can’t keep a founding partner who chaired their global investment committee. Money buys robots, not loyalty. @HLMorgan @yanda #ClimateTech #VC #TalentExodus
Source: https://t.co/l2reJvphao