CVCs are making fewer but bigger bets, there is more than one way to make money in the venture game, why Cloudflare wants AI companies to pay for content, and some signs of life for emerging managers
Seed leads are taking down more of rounds, some signs of a better exit environment, and the best of last week
Charts that show trends, telling stories to get people to care, web 4.0, and crossing the agent chasm
Building leverage in the modern world, Menlo is targeting new funds, "internet-native deal guys", and an offer on our premium newsletter package
How many companies should be in your portfolio, some forward looking beliefs, and the best from last quarter
Changing dynamics of the venture game and where the new alpha lives, why vibe coding is actually bullish for traditional SaaS, and the multi-agent future of funds
Creating a second brain, tests from God, and lessons from churn problems
What to make of the new world of engineering, venture and the storytelling business, and college QBs are the newest VCs
How to make money in simple terms, the best of last week, why seed investors are selling winners, and Harvey raises another round at $5b
Outsourcing judgement and the death of critical thinking, notes on (good) marketing, and how founders can play the venture 3.0 circus
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
