In a meeting with GOP lawmakers, Donald Trump proposed taxing carried interest as ordinary income, a policy that could sharply increase the tax bill for VCs
On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest. — The tax break allows private equity …
PE firm Everstone acquires Delhi-based Wingify, whose flagship product Visual Website Optimizer helps businesses improve online conversion rates, for $200M
Manish Singh / TechCrunch :
OpenAI unveils o3 and o3-mini, trained to “think” before responding via what OpenAI calls a “private chain of thought”, and plans to launch them in early 2025
12 Days of OpenAI: Day 12 Naomi Li Gan / Tech in Asia : OpenAI unveils AI model for advanced reasoning Bojan Stojkovski / Interesting Engineering : OpenAI unveils o3 reasoning AI m...
OpenAI unveils o3 and o3-mini, trained to “think” before responding via what OpenAI calls a “private chain of thought”, and plans to launch them in early 2025
OpenAI announced its new o3 models on Friday. — In a tweet ahead of its final livestream for its …
Reddit closed up 48%, at $50.44/share, in its NYSE debut, valuing the company at ~$9.5B on a fully diluted basis, just shy of its $10B valuation in August 2021
even for y'all. Rat King / @mikeisaac : apparently Reddit's IPO included the first bell-ringing carried out by a “non-human entity” — in this case, the alien Snoo [image] Trevor Sc...
Reddit closed up 48%, at $50.44/share, in its NYSE debut, valuing the company at ~$9.5B on a fully diluted basis, just shy of its $10B valuation in August 2021
even for y'all. Rat King / @mikeisaac : apparently Reddit's IPO included the first bell-ringing carried out by a “non-human entity” — in this case, the alien Snoo [image] Trevor Sc...
Reflecting on Reddit's history: Steve Huffman and Alexis Ohanian pitching a food app, wanting to use snoo.com, and seeing traffic explode after Reddit launched
Reddit priced its IPO at $34 per share, the top of its expected $31-$34 range, raising $519M and valuing the company at nearly $6.5B, ahead of its market debut
In this photo illustration a Reddit logo is seen displayed on a smartphone. — Reddit, the 19-year-old website that hosts millions …
Waymo plans to debut its Waymo One robotaxi service in LA on March 14, gradually onboarding from a 50K+ waitlist, and in Austin commercially by the end of 2024
Kirsten Korosec / TechCrunch :
2024 predictions: AI will help make Web3 usable in mainstream applications and Web3 will help us trust AI, Web3 regulatory clarity, flat VC investing, and more
As we enter 2024, the capital markets have found their footing and are moving higher. The Fed has taken interest rates as far …
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as Chair alongside Larry Summers and Adam D'Angelo
OpenAI said late Tuesday that it had reached a deal in principle for Sam Altman to return as CEO, with a new board chaired by former Salesforce co-CEO Bret Taylor.
A developer says Twitter appears to be DDoSing itself via a Twitter web app JavaScript bug, which could be tied to Elon Musk's emergency blocks and rate limits
For anyone keeping track, this isn't even the first time they've completely broken … Nick Heer / Pixel Envy : Tweets Are Now Login-Walled — Like Šime Vidas, I have often linked o...
Twitter no longer lets users browse tweets, user profiles, and comment threads on the web without logging in, redirecting Twitter URLs to the sign in page
A developer says Twitter appears to be DDoSing itself due to a bug in Twitter's web app, which could be tied to Elon Musk's emergency blocks and rate limits
For the last two days, Elon Musk has claimed that Twitter is under attack from “several hundred organizations” who were conducting …
Sources: Y Combinator will not raise another Continuity Fund, which backs late-stage startups, and the two partners who led the fund plan to leave the company
Silicon Valley startup accelerator Y Combinator won't raise another continuity fund, which backs mature private tech companies, two people familiar with the matter said.
SVB draws support from 300+ VC firms, including General Catalyst, while 1,200+ founders and CEOs sign a Y Combinator petition asking the US Congress to act
More than 100 venture capital and investing firms have signed a statement supporting Silicon Valley Bank, part of mounting industry calls …
Mid-to-late stage tech startups will likely face a reckoning in late 2023 to 2024, as companies run out of cash from “free rounds” fueled by low interest rates
The coming reset in mid-to-late stage startups in 2023-2024 is at this point likely largely decoupled from interest rates and inflation.
Mid-to-late stage tech startups will likely face a reckoning in late 2023 to 2024, as companies run out of cash from “free rounds” fueled by low interest rates
The coming reset in mid-to-late stage startups in 2023-2024 is at this point likely largely decoupled from interest rates and inflation.
Zoom plans to cut ~1,300 staff, or ~15% of its workforce, offering US employees up to 16 weeks severance, including salary, health care, and bonus; ZM jumps 5%+
Ashley Capoot / CNBC :
Inside ChatGPT's rushed launch, as some OpenAI executives feared rivals upstaging them; Sam Altman worries about a regulatory backlash and inflated expectations
Kevin Roose / New York Times :