“We’re not doing 30 bets a year”: Vijay Pande on betting small after running $4 billion at a16z
It used to be that Vijay Pande was better known in academic circles than investor circles. That changed…
Forbes Daily: SpaceX Rallies As Institutional Investors Reveal Stakes
Elizabeth Stein went from selling muffin mix out of her apartment to closing one of the largest recent…
Trump-Friendly Billionaire Andreessen’s Firm Reportedly Under DOJ Investigation
Topline The Justice Department is investigating venture capital firm Andreessen Horowitz for potential antitrust violations, Bloomberg reported Monday,…
How Instagram Became A Venture Capital Deal Engine
Closeup of woman’s holding smartphones, connecting with social media, leaving comments, sending messages and sharing photos. Technology connecting…
Mercury hits $5.2 billion valuation as fintech firm banks on AI startups
May 20 (Reuters) – Mercury said on Wednesday it had raised $200 million at a $5.2 billion valuation…
Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges
AI coding startup Cursor is nearing new funding in which the four-year-old company would raise at least $2…
OpenAI Set to Raise $10 Billion From MGX, Coatue, Thrive
OpenAI is nearing a deal to raise about $10 billion from venture investors, according to people familiar with…
VCs Break Taboo by Backing Both Anthropic, OpenAI in AI Battle
Photographer: Justin Chin/Bloomberg (Bloomberg) — OpenAI and Anthropic are working to close two of the largest funding rounds in…
a16z VC wants founders to stop stressing over insane ARR numbers
The AI investing boom (or perhaps bubble) is something Silicon Valley has seen many times before: a gold…
‘Raise Prices, Raise Prices, Raise Prices’
Marc Andreessen thinks things should cost more. Despite the fact that the US economy is stagnant, with unemployment…
Shield AI’s new CEO says the $5.6B defense tech startup is at an inflection point
There are plenty of conventional indicators that signal that a product is turning heads: Weekly active user figures…
China narrows AI gap with US 3 years after initial ChatGPT shock
Chinese government authorities sent urgent requests to various experts, including professors from Tsinghua University, to provide briefings on…