№ 01May 2026PASS
Tenstorrent
The company is real. The security is not clean enough. A late-stage convertible into a credible AI inference and IP company, via a Hiive SPV with opaque conversion terms and undisclosed change-of-control treatment.
Deal-by-deal analysis with explicit verdicts. Pass memos included alongside active positions.
The company is real. The security is not clean enough. A late-stage convertible into a credible AI inference and IP company, via a Hiive SPV with opaque conversion terms and undisclosed change-of-control treatment.