{
  "version": "1.0.0",
  "generatedAt": "2026-10-19T07:18:52.095Z",
  "findingType": "money_flow",
  "findingId": 2000,
  "contentHash": "712824d82885b17004605fafe6f7fe3ad843fe9235ebc2be8b90e5152516dd0a",
  "title": "Crescendo Equity Partners acquired 51% of HPSP for ~$7M in 2017",
  "summary": "Money-flow chain tracing 0 hops with documented total of USD 7000000. Confidence: primary.",
  "methodology": "Money-flow chains are constructed by tracing financial transactions between entities through documented mechanisms (contracts, donations, grants, etc.). Each hop is independently cited. Vanish points mark where the audit trail breaks — funds enter an entity but no corresponding outflow is documented. Confidence is assessed per-hop and rolled up to the chain level.",
  "sources": [
    {
      "url": "https://www.kedglobal.com/mergers-acquisitions/view/ked201701230001",
      "label": "https://www.kedglobal.com/mergers-acquisitions/view/ked201701230001",
      "type": "primary"
    }
  ],
  "queries": [
    {
      "description": "Chain record",
      "table": "money_flow_chains",
      "parameters": {
        "id": 2000
      }
    },
    {
      "description": "Chain hops with entity resolution",
      "table": "money_flow_hops",
      "parameters": {
        "chainId": 2000
      }
    }
  ],
  "dataSnapshot": {
    "chainId": 2000,
    "title": "Crescendo Equity Partners acquired 51% of HPSP for ~$7M in 2017",
    "sourceDescription": "Crescendo Equity Partners, co-founded by Matt Danzeisen with ties to Peter Thiel's network, purchased a 51% stake in South Korean semiconductor equipment maker HPSP for approximately 10 billion won ($7 million) in 2017. The investment transformed the firm into a dominant global supplier dubbed 'Korea's ASML.'",
    "sourceRefType": "manual",
    "documentedTotal": "7000000",
    "currency": null,
    "confidence": "primary",
    "sector": "technology",
    "status": "active",
    "asOfDate": "2017-01-01T00:00:00.000Z",
    "provenance": null,
    "hops": [],
    "createdAt": null
  },
  "entities": [],
  "verificationSteps": [
    "Retrieve chain #2000 from money_flow_chains and confirm title and documented total.",
    "Verify the SHA-256 content hash by re-generating the JSON bundle."
  ]
}