Peter Hecht has a new syndicate, $81M in backing and a fresh shot at glory as his last start-up sputters out

Peter Hecht doesn’t give up easily.

Faced with an activist attack, he created Cyclerion out of the experimental assets he liked while bidding farewell to …

Get free access to a limited number of articles, plus choose newsletters to get straight to your inbox.

BECOME A PREMIUM SUBSCRIBER

Pe­ter Hecht has a new syn­di­cate, $81M in back­ing and a fresh shot at glo­ry as his last start-up sput­ters out