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…
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…
Generation Lab raises $11 million, becoming Accel’s first longevity bet
The word “longevity” derives from Latin, and more or less means “long life” or “great age.” Each translation…
Exclusive: Flow Engineering raises $23 million Series A led by Sequoia to power hardware’s new era
17 years later, Singh still can’t talk about the details of that business (at least, not to a…
‘We’ve never had a fundraising deck’: Here’s where venture capital stands now and where it’s going next
If you want a pulse check on where the venture capital industry is at, consider the software supply…
Exclusive: Baseten, AI inference unicorn, raises $150 million at $2.15 billion valuation
“So, I grew up in Australia,” said Tuhin Srivastava, CEO and cofounder of AI inference unicorn Baseten. “And,…
Originated in China, the “996” schedule of working 9am-9pm, 6 days a week comes to Silicon Valley
I’ve been thinking a lot lately about the tremors rippling across the startup hiring landscape. Spurred on by…
Startup down rounds are at a ten-year high, according to PitchBook data
The soaring valuations of the early 2020s are, finally, coming back to earth. This week, PitchBook data revealed…
Rebecca Lynn spins out of Canvas Ventures to found Canvas Prime as solo GP
Rebecca Lynn doesn’t believe in first-mover advantage. “Never be a first mover,” says Lynn. First movers bear the…
Exclusive: Squint raises $40 million at $265 million valuation to modernize manufacturing for companies like Pepsi and Michelin
Manufacturing dates back about 2.5 million years, when early hominins fashioned stone tools. Since then, it’s been an…
Exclusive: Decart raises $100 million at a $3.1 billion valuation, chasing the future of real-time creative AI
Dean Leitersdorf and I are on Zoom, watching a Sabrina Carpenter music video. In “Taste,” Carpenter and Jenna…
Southeast Asia’s venture investors are excited about AI—but less excited about the region
Asia editor Nick Gordon here, filling in for Allie Garfinkle. The future of AI is in Asia. At least,…