Good morning 👋
And Happy Friday.
Long week - lots of news.
Let’s get into what you missed yesterday so you can get back to your day.
TL;DR:
HEADLINES
Anduril raises another $1.5b 🛡
Anduril raises $1.5B at a $14B valuation (TechCrunch)
Adtech Startup Funding Has Collapsed (Crunchbase)
The U.S. is on a climate-tech spending spree (Axios)
SoftBank still on the hunt for AI deals despite losses, market turmoil (Pitchbook)
Arche Capital to Raise $100 Million Debut Fund Amid Crypto Comeback (WSJ)
LINKS
🛟 On Asking For Help (Even When You Really Don’t Want To): Step-by-step tactics for facing your fears and making the ask—including templates and example scripts, brought to you by Lenny’s Newsletter
🎮 Marc Andreessen on Alpha Nerds, Moral Panics, the Future of AI in Video Games: Andrew Chen sits down with Andreessen to have a chat about the intersection of tech and gaming
👷♂️ Building AI Products (Part 3)—AI Evaluation and Deployment Demystified: Peter Yang shares his guide to building generative AI products and how evaluation is the most painful but most important part of the process
🥣 5 FoodTech Startup Ideas: The Invisible Founder brings us these startup ideas that delve into what each startup does, its target market, market size, competitive landscape, unique value proposition, revenue model, potential challenges, and growth strategies
📶 Investor Update Template: Wow your cap table with this investor update template
TWEET
Steve Jobs email he sent himself 13 months before he died.
Whenever I re-read this, I regret waiting so long to have read it again.
— #George Mack (#@george__mack)
9:00 PM • Aug 7, 2024
REFER
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FUNDS
Name | Fund Size | Fund Number |
|---|---|---|
$3b | V | |
$250m | IV | |
$1b | II | |
$10m | I | |
$800m | III | |
$95m | III |
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.
RECS
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POLL
Is Anduril an outlier, or do you think there will be more venture dollars going towards B2G (business-to-government) companies?
Thanks for reading this far and giving us a little bit of your attention this week.
Feel free to unsubscribe whenever this stops becoming valuable to you.
- Clay
RESULTS
Here are the results from our poll question in yesterday’s piece:
What do you think the realistic timeline is for robots to take a majority of factory worker jobs?
🟨🟨🟨🟨⬜️⬜️ Within the next six months (10)
🟨🟨🟨🟨⬜️⬜️ Within the next year (10)
🟨🟨🟨🟨⬜️⬜️ Within the next two years (9)
🟩🟩🟩🟩🟩🟩 Longer than two years (12)
41 Votes
