Everett Randle, a former partner at Kleiner Perkins, joins VC firm Benchmark as general partner, following a slew of personnel departures at Benchmark
Natasha Mascarenhas / The Information : X: @km , @danprimack , @everettrandle , @scottbelsky , @everettrandle , @zebulgar , and @benchmark X: Kanyi Maqubela / @km : @EverettRandle...
Apple introduces a Liquid Glass design language across its software platforms, adding transparency and glass shine effects to in-app operating system interfaces
Liquid Glass is coming to iOS 26, iPadOS 26, macOS Tahoe 26, and more. … Apple is introducing a new Liquid Glass design across its software platforms today.
Fal.ai, a developer-focused platform for media-generating AI models, raised a $9M seed and a $14M Series A from Kindred Ventures, a16z, First Round, and others
Kyle Wiggers / TechCrunch : X: @isidentical , @omgadamho , @gorkemyurt , @marckohlbrugge , @soupsranjan , @borisjabes , @burkaygur , @lizwessel , @itsdrevo , @carlcortright , @km ...
The US FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economywide change
Move sets up high-stakes legal clash with business groups over the agency's power — WASHINGTON—The Federal Trade Commission …
Meta releases Llama 2, its open-source LLM with double the context length, for free for research and commercial use, and expands its Microsoft partnership
Recent breakthroughs in AI, and generative AI in particular, have captured the public's imagination and demonstrated what those developing …
Silicon Valley Bank launches a $2.25B share sale after losing ~$1.8B on its ~$21B of US Treasuries and mortgage-backed securities
Technology-focused lender suffered loss on $21bn portfolio of Treasuries and mortgage-backed securities — Silicon Valley Bank has launched a $2.25bn share sale …
Y Combinator names Garry Tan as its next president, replacing Geoff Ralston in January 2023; Tan will step away from his role at his firm Initialized Capital
YC gave me my start, and I'm deeply grateful to the community. https://www.forbes.com/... @initialized : News alert: Congratulations to @jenhwolf & @brettdg, our new managing partn...
DeFi credit protocol Goldfinch raises a $25M Series A extension led by a16z, which also led its $11M Series A last year, and announces the Goldfinch Foundation
Decentralized credit protocol Goldfinch has raised $25 million in a Series A extension round led by Andreessen Horowitz (a16z) …
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...
Reddit raises $410M+ led by Fidelity Investments at a $10B+ valuation, up from $6B six months ago when it raised $250M; the new round could reach ~$700M
and certainly Instagram. Kanyi Maqubela / @km : I remember some people side-eyeing us for participating in this @Reddit round in 2013. https://redditblog.com/... Welp :) https://ww...
dYdX, which develops decentralized financial derivative products on the Ethereum blockchain, raises $65M Series C after a $10M Series B four months ago
Homebrew's Satya Patel and Hunter Walk team up with 8 VCs to launch Screendoor, a $50M fund to back up to 15 underrepresented investors raising their first fund
Outschool, a marketplace for online after-school classes, raises $75M Series C led by Coatue and Tiger Global at a $1.3B valuation, up from $320M in Sep. 2020
Natasha Mascarenhas / TechCrunch : Tweets: @nataliapetrzela , @ljungman , @km , @slp_edu , and @ycombinator Tweets: Dr. Natalia Mehlman Petrzela / @nataliapetrzela : “One of Outsc...
Mike Winkelmann, the digital artist known as Beeple, sold an NFT of his work for $69M, through a first-of-its-kind auction at Christie's
what?! This story just keeps getting better and better 😂 https://www.coindesk.com/... Christopher Inks / @txwestcapital : I understand the market but still can't help but feel like...
Indie.vc, a six-year-old effort by O'Reilly AlphaTech Ventures to invest small amounts in bootstrapped businesses, shuts down after results left LPs unimpressed
6 years ago, a mysterious Tumblr site appeared on the internet. Tweets: Hussein Kanji / @hkanji : The idea was to back the next GitHub, which became profitable early on and didn't ...
OpenAI introduces two new GPT-3 models: CLIP, which classifies images into categories from arbitrary text, and DALL·E, which can generate images from text
With GPT-3, OpenAI showed that a single deep-learning model could be trained to use language in a variety of ways simply by throwing it vast amounts of text.
Zappos co-founder Tony Hsieh, who stepped down as CEO earlier this year, has died at age 46, reportedly from injuries sustained in a house fire in Connecticut
Tony Hsieh, the brilliant and big-hearted Zappos.com luminary who revolutionized the shoe business and built one of the most innovative companies in modern history, has died.
Zappos co-founder Tony Hsieh, who stepped down as CEO earlier this year, has died at age 46, reportedly from injuries sustained in a house fire in Connecticut
Tony Hsieh, the brilliant and big-hearted Zappos.com luminary who revolutionized the shoe business and built one of the most innovative companies in modern history, has died.
Black tech founders say VCs should move past diversity theater, addressing the lack of top-level black investors and investment in black-run startups
representing just seven black people at the 102 largest venture capital firms in the United States.” https://twitter.com/... Nitasha Tiku / @nitashatiku : New from me, featuring @t...
Coinbase becomes a Visa Principal Member, allowing it to issue bitcoin debit cards for other crypto companies and traditional firms
Michael del Castillo / Forbes :