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- 📶 Coinbase + Stripe = more crypto adoption
📶 Coinbase + Stripe = more crypto adoption
Plus Kleiner Perkins pulls in new funding, why some European startups are choosing debt over equity, and why VC's money model is shifting
Good morning 👋
I hope each of you had a great weekend.
It’s officially hurricane season in South Florida, so I’ve been inside all day here.
No fun.
Switching gears - let’s get into what you missed over the weekend.
TL;DR:
HEADLINES
Coinbase + Stripe = more crypto adoption 🤝
Coinbase + Stripe team up to expand global adoption of crypto (Coinbase)
Nokia acquires Infinera in $2.3 billion deal to tap into AI-driven data center boom (Techstartups)
HubSpot says it’s investigating customer account hacks (TechCrunch)
Defense tech and ‘resilience’ get global funding sources: Here are some top funders (TechCrunch)
Beehiiv Acquires AI-Based Website Builder, Typedream (Beehiiv)
Kleiner Perkins Pulls in More Than $2 Billion for New Funds (Bloomberg)
VC-Backed IPOs Had a Tepid First Half, Squeezing Venture Capital More (WSJ)
Venture capital's money model is shifting (Axios)
If AI’s a rising tide, why isn’t it lifting more boats? (Pitchbook)
Why some European startups are picking debt over equity (Pitchbook)
LINKS
👏 How To Do Great Work: Peter Schroeder has a terrific visual representation of Paul Graham’s main ideas.
🦽 Creator Flywheels—The Operating System for Your Business: Nathan Barry describes how at rest, a flywheel is heavy and hard to rotate, but once it’s spinning, it becomes easier to keep spinning.
🏃♂️➡️ Speed as a Habit: David Girouard, CEO of personal finance startup Upstart, and former president of Google Enterprise Apps, shares his tips for making speed fundamental to your company.
🆕 Navigating New Waters—10 Tips for First-Time Founder Success: Thumbtack’s Marco Zappacosta and Dropbox’s Drew Houston dish out wise advice about the biggest mistakes to avoid
🛟 A Tactical Guide to Working with EAs: How to make delegation your superpower
🏭 Reindustrialize: Watch this optimistic video by Jason Carman, brought to you by Not Boring, that senses a vibe shift in an earnest desire to build—-new factories, new energy sources, new institutions
🥱 130+ Boring Businesses We Find Fascinating: Contrarain Thinking says the sexier the industry, the less money you are likely to make
👨🍳 Big Skills: Morgan Housel observes some ordinary things you don’t notice on their own create something spectacular when they mix together at the right time
TWEET
Just finished reading this fascinating little book.
J. Paul Getty wrote a series of 19 essays for Playboy magazine back in the 1960s. His goal was to transfer what he learned in his 50 year career to younger businessmen.
His main advice is:
1. You’re too focused on… x.com/i/web/status/1…
— David Senra (@FoundersPodcast)
3:30 PM • Jun 26, 2024
REFER
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FUNDS
Name | Fund Size | Fund Number |
---|---|---|
$150m | III | |
$380m | II | |
$20m | I | |
$42.9m | I | |
$100m | II | |
$60m | I |
P.S. 👉 If you’re looking to get a new VC job …
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RECS
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Big Desk Energy: Startup insights, stories and vibes sent to your inbox every Tuesday
Cyber Patterns by Jason Levin: One of our favorite newsletters on how to use the internet to attract luck
POLL
What do you make of the Stripe + Coinbase news? |
Thanks for reading this far and giving us a little bit of your attention this week.
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- Clay
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