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Good morning 👋

And happy Tuesday.

It’s truly insane how much more productive I am when I wake up early. Nobody else awake, no distractions, and I feel like I can get 4 hours of work done in an hour.

Switching gears - CVCs are making bigger bets, and Meta’s acquisition of Scale AI is the latest example.

We cover that with some data from Pitchbook in today’s piece …

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