📶 new fund math

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Good morning 👋

And Happy Friday.

Big week - lots of recaps:

• YC told us exactly what they’re looking for in their next crop of founders

• Crypto played a big role in the election - here is why

• Why you shouldn’t take all VCs advice as gospel

• Why the future of healthcare will be proactive and much better than the current state

I’m off to a wedding today, so there is a chance that Monday’s piece goes out late. Don’t say I didn’t warn you.

Let’s get into today’s piece.

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Today’s highlights

• New fund math breakdown

• What great founders do according to Sam Altman

• A megathread on three years of running a business

• Klarna is going public