📶 Code war: Stack Overflow users push against OpenAI partnership

Plus H.I.G. raises fresh funds, what changes when transitioning from operator to VC, what worries Vinod Khosla, and Tim Tebow joins a venture fund

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Good morning 👋

I forgot to create an intro this week, so this is my attempt at covering my tracks.

Let get right into it.

TL;DR:

HEADLINES
Stack Overflow Users vs. OpenAI 💥

  • Stack Overflow Users Are Revolting Against an OpenAI Deal (Wired)

  • H.I.G. Capital Raises $1.3 Billion for Infrastructure Fund (Venturebeat)

  • Benchmark’s Victor Lazarte on what changes (and what doesn’t) when transitioning from operator to VC (Fortune)

  • Mid-market buyout funds thrive against the odds (Pitchbook)

  • ​​What Vinod Khosla says he’s ‘worried about the most’ (TechCrunch)

  • Artificial Intelligence is Coming for Venture Firms (Business Insider)

  • Zendesk debuts formal VC arm to back early-stage AI startups (Axios)

  • Tim Tebow Joins GOVO Venture Partners (Business Wire)

  • Meta makes its AI chatbot available to all users in India (TechCrunch)

  • Linda Yaccarino’s right-hand man out at X as global operations chief reportedly given the sack (Fortune)

  • PE roll-ups bet energy transition will go slow (FT)

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FUNDS

Name

Fund Size

Fund Number

A*

$315m

II

Columna Capital

$310m

III

Zendesk

$10.2b

I

Charlesbank Capital Partners

$1.3b

II

The Engine

$398m

III

Hamilton Lane

$5.6b

VI

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STARTUPS (Together with Harmonic)
NY seed companies founded by teams with prior exits 🔎

Name

Description

🗄 Korr

The rebirth of insurance

🦾 Polyloop

The first-ever evaluation co-pilot

🔌 Flipturn

The fastest-moving EV charging
management platform for fleets

We use Harmonic to get thousands of data points on companies like these. 

RECS

POLL

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RESULTS

Here are the results from our poll question in yesterday’s piece:

If you were a Canadian LP, would you keep investing in Canadian venture capital funds, or would you invest elsewhere

 

🟩🟩🟩🟩🟩🟩 🇨🇦 Canada (17)

🟩🟩🟩🟩🟩🟩 🌎 Somewhere else (17)

34 Votes

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