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Street Talk

EVP issues ill-timed capital call amid StrongRoom AI fiasco

The first rule of Fight Club is you don’t talk about Fight Club. And the first rule of investing other people’s money, some would say, is that you don’t ask investors for cash while your existing portfolio’s on fire.

StrongRoom AI founders Max Mito (middle) and Christopher Durre (right), with EVP’s Misha Saul.  

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/tut-tut-evp-issues-ill-timed-capital-call-amid-strongroom-ai-fiasco-20250401-p5lo8g