Sommelier Finance, which provides an automated DeFi portfolio manager, raises a $23M Series A led by Polychain Capital (Yogita Khatri/The Block)

[Thread] Analysis of FTC’s report on Big Tech’s startup M&A between 2010 and 2019: half of the deals were <$10M, most had <10 people and were US-based, and more  —  A common talking point in tech anti-trust: big tech companies have made hundreds of acquisitions in recent years, and almost none were reviewed, let along stopped. So, last month the FTC released some actual data, for Google, Apple, FB, Amazon and Microsoft. 🧵 https://twitter.com/…

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