500 Falcons managing partners exit firm to start new fund

MOVES- 500 Falcons managing partners Sharif El Badawi and Hasan Haider will leave the firm to start a new fund focused on late-stage seed rounds, Menabytes report, citing a company statement. El Badawi and Haider will announce the details for their new venture in coming weeks, the site said, adding that the two will continue to support 500 Falcons over the next 18 months.