📶 $80b in a quarter

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Good morning 👋

And Happy Monday.

Officially in the dog days of August. Some guys are doing three-a-days at pre-season camps for football, and other guys are pretending to look busy typing on a computer to avoid getting more work from their boss who is in Europe for the summer.

The duality of man.

Let’s get into what all you missed over the weekend.

P.S. We have TONS of investors in Confluence looking for new investing roles.

If your fund is hiring and you want to get introduced to at least 10 investors that we think would be dream hires for your team …

Book some time here.

TL;DR:

• 📰 News

• 🔗 Links

• 🐥 Tweet

• 💰 Funds

• 📶 Recs

• 🗳 Poll

HEADLINES
$80b in cloud infrastructure spending (this quarter) ☁️

• Cloud infrastructure revenue approached $80 billion this quarter (TechCrunch)

• The AI gold rush is hiding a wider cash crunch for startups (Pitchbook)

• Grid infrastructure energizes clean energy’s future (Pitchbook)

• For Automakers, Autonomy And Sustainability Are Top Startup Investment Themes (Crunchbase)

• The AI-Generated Population Is Here, and They’re Ready to Work (WSJ)

• OpenAI settles into its VC era (Fortune)

• Why family office PCH avoids private equity funds (Asian Investor)

• Are we prepared for ‘Act 2’ of gen AI? (Venturebeat)

• Mass PRIM has committed 5x more to VC this year than it did in 2023 (Venture Capital Journal)

• Private capital groups deploy $160bn as they prepare for deal revival (FT)

• Private credit ventures deeper into risks Wall Street won’t take (InvestmentNews)

LINKS

💲 Raising Capital Isn’t Something Only Mythical Entrepreneurs Can Do: There are some basic things you must understand, according to Guilliermo Flor, to be effective in raising capital.

♾️ Tim Ferris’s Productivity Tricks: Tim’s 8-step process for maximizing efficacy and doing the right things.

👏 A Practical Guide to Building Team Culture (Including Remote-Team Culture): Range Widely interviews Daniel Coyle, author of The Culture Playbook, who gives advice and insights on building your team culture.

⚖️ Lessons from Scaling Uber and Opendoor: Brian Tolkin, head of product at Opendoor, ex-Uber, discusses on Lenny’s podcast how to enable product and ops to work well together, how to make good decisions with limited data, wild stories from his time at Uber and much more.

🗣️ Real Talk about Empowered vs. Feature Product Teams: Peter Yang talks with Chris Jones, partner at SVPG, about avoiding the feature factory trap and taking back control of your career.

🚰 Creativity Faucet—Increase your Creativity: Julian Shapiro says to embrace the bad to reach the good.

🎯 Deal Flow Report (08/04/2024): An onboarding compliance software backed by General Catalyst, an AI engine for IP, and an automation framework company to compete with Zapier

TWEET

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FUNDS

P.S. 👉 If you’re looking to get a new VC job … 

We’ve found the best way to do that is to find the jobs before they become available. In our opinion, the best way to do that is to a) find who is raising funds and b) find who is the right person to contact at each of those funds.

Lucky for you, we’ve already collected all of that information for you.

Here’s how to see all the information we have on funds (plus contact info)

RECS

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POLL

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- Clay