Seek reportedly selling down its tech investment fund, which costs $17m a year in fees

Seek is reportedly selling down its tech investment fund, which carries $17 million in annual management fees, per Startup Daily and Google Trends. Capital Brief describes a bumpy exit from a $1b SaaS portfolio.

Timeline

1. 27 Oct, 09:10 UTCFirst appeared on Google Trends
2. 27 Oct, 09:10 UTCPicked up on News
3. 27 Oct, 09:10 UTCStartup Daily reports Seek selling down fund
4. 27 Oct, 09:10 UTCCapital Brief covers bumpy exit from $1b portfolio

Top sources

• investment fundGoogle Trends
• Why is Qube (ASX:QUB) in focus?Kalkine Media
• Seek faces bumpy exit from $1b SaaS portfolioCapital Brief