{"version":"1.0","type":"card","id":"fd5741b8-0c3d-4f24-afc1-f55ce05e2ae6","url":"https://stacklist.com/card/fd5741b8-0c3d-4f24-afc1-f55ce05e2ae6","title":"Embattled hedge fund Situational Awareness invests $400M in Source Foundry","source_url":"https://techcrunch.com/2026/08/09/embattled-hedge-fund-situational-awareness-invests-400m-in-chip-startup-source-foundry/","note":"The issue's mechanism card. Situational Awareness saw assets fall from about $45B to $10B in a month and still wrote a $400M private check. Private marks do not move when public ones do - which is why a 2021 valuation can survive until somebody is forced to transact.","image":null,"stack":{"id":"088d1e8f-87ae-45dc-b881-b8abbe1f9df1","title":"Signals Served #023 - The Round Is the Risk","url":"https://stacklist.com/c/finance/stack/088d1e8f-87ae-45dc-b881-b8abbe1f9df1"},"created_at":"2026-08-11T14:18:30.466Z","updated_at":null,"aco":null,"_links":{"self":"/api/public/card/fd5741b8-0c3d-4f24-afc1-f55ce05e2ae6.json","html":"https://stacklist.com/card/fd5741b8-0c3d-4f24-afc1-f55ce05e2ae6","md":"/api/public/card/fd5741b8-0c3d-4f24-afc1-f55ce05e2ae6.md","stack_json":"/api/public/stack/088d1e8f-87ae-45dc-b881-b8abbe1f9df1.json"}}