Metamorphic Ventures, a six-year-old, New York-based seed-stage fund, is officially taking the wraps off a $50 million fund — its third. The firm is also rebranding itself simply as Compound. (One-word names seem to be a growing trend; you might recall that Pejman Mar Ventures is now simply Pear.) The name change is a nod to the way that the firm sees itself — as an element that…
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