The AI revolution has more in common with shipping containerization than the boom unleashed by the microprocessor: diffuse global benefits but few new fortunes
The disruption is real. It's also predictable. — ISSUE 04 — Fortunes are made by entrepreneurs and investors … X: @actaccordingly , @shearic , @joincolossus , @sameer_singh17 ,...
Sources: one-click checkout startup Fast is shutting down entirely; Fast raised $120M from backers including Stripe, Index Ventures, and Addition
The Information :
Jeremy Liew, Bijan Sabet, and Roger Ehrenberg stepping back from active roles at their firms reflects a broader generational shift in the VC industry
many of whom announced this week. Really feels like a ‘changing of the guard moment’ for the venture community. Austen Allred / @austen : Is there an overarching reason why so many...
Jeremy Liew, Bijan Sabet, and Roger Ehrenberg stepping back from active roles at their firms reflects a broader generational shift in the VC industry
Over the course of the past week, three venture capitalists have announced plans to step back from their investing roles at their respective firms.
Sources: Clubhouse is in talks to raise funding from investors in a round valuing the business at about $4B, following its reported valuation of ~$1B in January
quadruple what it was allegedly worth just three months ago: https://www.bloomberg.com/... Mark Bergen / @mhbergen : Perhaps now this scrappy, penurious startup can afford an andro...
Sources: Clubhouse raised a Series A round from a16z, which includes $10M in primary capital and at least $2M in secondary shares, at a $100M valuation
Clubhouse is a voice-based social media app with about 5,000 beta test users. Prospective listeners have to sign up for a waitlist via Google form …