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Term Sheet - Friday, November 9

Posted On: Nov 9, 2018   |   Posted By: Fortune

THREE THINGS Good morning, Term Sheet readers.
HOUSEKEEPING: I will be away for the majority of next week because I'm headed to Greece to run the "original marathon" from the city of Marathon to Athens.? I'm accepting any & all moral support and words of wisdom here. In the meantime, please send deals and other Term Sheet-related info to my colleague Lucinda Shen at lucinda.shen fortune.com.
--
NEW FUND: Steve Case's investment firm Revolution will raise a new early-stage venture fund with a $200 million target, according to an SEC filing. The firm is known to invest in startups outside of tech hubs like Silicon Valley, New York, and Boston. Case's strategy is in direct alignment with the new Opportunity Zone provision of the tax code.
Revolution will continue making venture investments in U.S. regions that VCs often overlook while also moving into real estate investing. In July, the firm hired a pair of real estate investors to develop properties for startups in some of the lower-income areas eligible...

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