Applying for a VC job in 2018, Kyle Harrison made the case for Figma becoming a $19 billion company when it had only $4mm of revenue. “I talked about this idea of financial gravity; basically that a company’s ability to […]
Some seem to think so. “When Slow Ventures announced that it would set aside $20 million to invest in individual creators, GP Sam Lessin responded to onlookers’ confusion with a memorable quip: “it’s def not indentured servitude.” ~ learn more
This is the story of Assurance, which sold to Prudential in 2019. The founders bootstrapped the company to profitability and never looked back. I think a big part of this was getting the timing right. “It’s an unusual success story […]
Dare I say they look normal! “You can now livestream from the glasses to Facebook or Instagram, and use “Hey Meta” to engage with Meta AI, our advanced conversational assistant, just by using your voice.” During the launch, Mark Zuckerberg […]
Packy McCormick wrote a long, fawning post about the startup defense contractor’s strategy. “I wanted to dig into Anduril’s M&A activity specifically because it stands out as a unique company-building strategy for such a young startup. After conversations with the […]
“OnDeck uses data from the U.S. Census Bureau’s 2020 Annual Business Survey to highlight the most unique reasons for why people start businesses in each U.S. state.” Reasons include flexible hours, greater income, and ‘couldn’t find a job’. Both Illinois […]
This Wired article covers the company’s ambitions. Everyone involved seems to stick to the script: they’re working to create a safe AGI, and it’ll be glorious for humanity. ~ learn more
Greylock investor Seth Rosenberg wants to back the ‘gold miners’ in AI, rather than the popular ‘picks and shovels’. “As I see it, these are the three largest opportunities for founders to build AI-first companies: 1. AI-first networks & marketplaces; […]
From the head of Ads to the heads of Search and Chrome: “I also don’t want the message to be ‘we’re doing this thing because the Ads team needs revenue.’ That’s a very negative message. But my question to all of […]
A laudatory memo from a recent investor in the Chicago-based insurance startup Kin (disclosure: I’m lucky to be a small investor as well). “The difference between these financial metrics is so stark that we believe Kin will be the defining […]