Auction House Christie's Becomes a VC

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The latest hot tech fundraising round is going once, going twice, and sold to the rather fancy-looking chaps with the wooden paddles.

Well not exactly, but Christie's is going to hang some equity agreements next to the Basquiats and Picassos in its collection. The venerated, 256-year-old British auction house announced Monday that it is adding its own venture-capital arm.

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Source Fool.com