📶 AngelList is eating the VC tech stack

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Good morning 👋

I’ve stared at a screen too long today, and my brain feels fried.

Time to go on a walk.

In case you missed it, AngelList released their quarterly product updates last week. Most people skip over these emails, but we read, and we found some clues to how they’re thinking about their master plan.

We break that down in today’s piece.

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Today’s highlights

• AngelList wants all of the VC tech stack

• 93 non-obvious things about VC

• Bling Capital raises another big fund

• Oura hits a $5b valuation