Term Sheet Next: Erica Wenger on elephants, branding in VC, and her first fund
“The more I thought about it, the more I realized I was against much of the unicorn obsession,”…
Canada’s Top Pension Slows Direct Investment in Growth Equity Amid Tepid Returns
Canada Pension Plan Investment Board is revamping a private equity strategy that focuses on high-growth companies after getting…
Elias Torres’s Agency raises $20 million Series A to chase agentic AI for customer success
It can refer to an agency that handles PR, books travel, or manages talent—and by extension, to agents…
AirOps raises $40 million Series B at $225 million valuation to rethink marketing in the age of AI
For marketers, search engine optimizers, and yes, lowly journalists, the sky is falling down. All conventional wisdom on…
China’s Markets Defy Global Risk Aversion in Sign of Confidence
Chinese assets showed impressive resilience this week, defying a global pullback in risk appetite and signaling growing investor…
Altman Says OpenAI Doesn’t Want a Government Bailout For AI
OpenAI Chief Executive Officer Sam Altman pushed back at the idea that the company would seek federal guarantees…
Founders are getting huge paydays before their startups are close to an exit—and that’s fine with many VCs
Good morning, it’s Crypto Editor Jeff Roberts pinch-hitting for Allie. Over the course of my career, I’ve written…
AI Is Eating All the Earnings
For investors, a concentrated portfolio of equity-market winners tends to work just fine — until it doesn’t. At…
OpenAI CFO Says Bubble-Wary Market Needs More AI ‘Exuberance’
OpenAI Chief Financial Officer Sarah Friar suggested the market is overly focused on anxiety about a possible bubble…
Hamilton Lane to Manage Guardian Life’s $5 Billion PE Portfolio
Hamilton Lane Inc. will manage The Guardian Life Insurance Co. of America’s $5 billion buyout portfolio as part…
Surgery-Imaging Firm Ultragreen.ai Starts Gauging Interest for Singapore IPO
UltraGreen.ai, a provider of fluorescence technology used in surgical imaging, has started gauging investor interest for its initial…
Can a startup be worth a trillion dollars?
Sometime in August, my editor and I became interested in a question that turned out to be less…