The latest fund data from Carta, 10x concepts from Jack Butcher, and very bad advice you should ignore at all costs
The market is forcing VCs to rethink their careers, patterns from YC investing, Felicis raises new funds, and the SEC is making it easier for retail investors to access venture investing
The future is agentic, money flows as a function of stories, and some reason for defense tech VCs to be optimistic
A temperature check for the asset class, becoming an attention-first investor, and the two sectors eating up the majority of venture dollars today
Plus what they're building, easy shouldn't be confused with fun, how to be more lucky, and what all you missed from earlier this week
The pre-seed bubble, the measure of multi-billion AUM funds, the true cost of churn, and nobody knows what an AI agent is
Founders becoming GPs, 12 ideas from Don Valentine, the newest distribution channel to unlock, and five memos on early-stage companies we like
What YC is looking for, the 21 biggest stories affecting venture, and who is winning the search war
Seed rounds are more expensive than they’ve ever been, craft is the antidote to slop, the OpenAI mafia, and lessons from Roelof Brotha
The future of M&A, Techstars wants to mirror YC, a 10-year look at building a startup, and how language compresses itself
What AngelList is building, what you’re telling LPs when you raise your fund size, new fund I’s are popping up again, and how to get free AirPods on us
Data on early-stage valuations YoY, Morgan Stanley is entering privates, and discounts on some of the best tools we use every day
