Why LPs are more aligned with small funds, how traditional buying journeys are being disrupted with AI, the state of venture today
Getting in vs. getting out of positions, pre or post-fall and the idea of hitting bottom, plus Redpoint and Work-Bench raise massive new funds
Why LPs back fund managers, the risk aversion of venture, Granola announces new funds, and Chime is filing to go public
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
Why we're bullish on the company building human-in-the-loop agents
~2,500 words on what I think is the biggest thing going on in venture
21 of the biggest stories we have broken down over the past few years that give a glimpse into the future
Venture in 2030, Ramp data on businesses dropping their ad spend, JetBlue calls it quits on their CVC, and the downside of secondaries
Are venture jobs losing their appeal, data is the new oil = fracking humans for their thoughts, and looking for a tech job has never been more confusing
Thoughts on qualifying your LPs, Jeff Bezos on asymmetric opportunities, the agentic revolution, and Harvard loses tax-exempt status
