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Good morning 👋

I hope each of you had a great weekend.

I’m officially done traveling for the foreseeable future which means that I gotta get used to 100-degree heat down in MIA. If you’re thinking about traveling to Florida, I’d recommend waiting until the fall.

Let’s catch up on what you missed over the weekend.

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TL;DR:

• 📰 News

• 🔗 Links

• 🐥 Tweet

• 💰 Funds

• 📶 Recs

• 🗳 Poll

HEADLINES
AI takes over YC #️⃣

• OpenAI comes for Google with SearchGPT (TechCrunch)

• Here are the 10 hydrogen storage startups with the most VC cash (Pitchbook)

• Global Funding To Financial Services Slowed Down In The Past 5 Quarters (Crunchbase)

• The Silicon Valley Startup Using AI to Scour the Earth for Copper and Lithium (WSJ)

• Texas Startup Funding Declines, Led By Dip In Austin-Area Investment (Crunchbase)

• Secondaries volume reaches H1 record as venture subset continues to grow (Venture Capital Journal)

• Silicon Valley investors ‘glorify youth, and it’s a misallocation of capital,’ VC says (Fortune)

• US regulators serve up a shot aimed at Serena Williams-backed venture (FT)

• Stripe acquires payment processing startup Lemon Squeezy (TechCrunch)

• Here’s why David Sacks, Paul Graham and other big Silicon Valley names had a brawl on X over VC behavior (TechCrunch)

LINKS

1️⃣ 1.0 Is the Loneliest Number: An argument for shipping faster

🧼 Getting bubbly: Great research from Arcadian on where we are in the general AI bubble

⏰ The days are long but the decades are short: How Sam Altman thinks about time and planning

✉️ How Dave Klein built a million dollar business with 35k subscribers: How to turn your list into an empire

📶 How NEA is training its AI models: Plus what GPs and LPs say to each other behind closed doors, AI VCs go green, and a legal tech competitor to Harvey raises a massive round of funding

🗾 Q2 state of startups: 7 charts to explain the state of startups, AI-powered legal tech gets a boost, and why OpenAI could lose $5b this year

TWEET

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FUNDS

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.

Here’s how to see all the information we have on funds (plus contact info)

RECS

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Newsletter Operator: The best newsletter we read about building a newsletter business.

POLL

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 Friday’s piece:

Which of these sectors is more interesting to you for new investments?

🟩🟩🟩🟩🟩🟩 Supply chain and logistics 🚚 (16)

🟨🟨🟨🟨🟨⬜️ Crypto and Web3 🕸 (15)

31 Votes