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- 📶 going private > going public
📶 going private > going public
The 12 biggest take-private acquisitions of the year, there's an AI SPV bubble, and Coatue looks to exit its ByteDance stake
Good morning 👋
The biggest story of the weekend was Telegram’s CEO getting arrested in France as part of an investigation into “content moderation practices”. We don’t know the full scope of what’s going on, but this seems like another attack on free speech.
We’ll keep an eye on the situation, but hopefully he is free soon.
Here are the other stories you might have missed over the weekend.
TL;DR:
HEADLINES
Private > public 🤫
The 12 biggest take-private PE acquisitions so far this year in tech (TechCrunch)
VCs are so eager for AI startups, they’re buying into each others’ SPVs at high prices (TechCrunch)
Early-stage VC valuations are more reasonable than they appear (Pitchbook)
Investors Still Pouring Cash Into Clean Concrete (Crunchbase)
Coatue Considers Selling Its ByteDance Stake as IPO Remains Uncertain (The Information)
Telegram messaging app CEO Pavel Durov arrested in France (Al Jazeera)
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🧍♂️ How to Hire for Your Startup—The First 8 People to Hire: Eight roles to focus on when beginning the hiring process
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✅ How to Validate Your Startup Idea: Lessons from researching and interviewing companies committed to their ideas
🕵️ Over 25 Years and 1,000s of Employees, I’ve Learned: 9 uncommon tricks good bosses use
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TWEET
I’ve worked every role imaginable in venture capital over the past seven years.
I’ve worked as an LP, I’ve run a syndicate, I built a private community for VCs, and I cut my teeth as a junior VC working for two different funds.
Here are 93 things that nobody told me about VC:… x.com/i/web/status/1…
— Clay Norris (@ClayNorris10)
2:51 PM • Feb 7, 2024
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POLL
Do you believe that countries in the West still have free speech? |
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 is more important?
🟩🟩🟩🟩🟩🟩 Distribution 🗣 (17)
🟨🟨🟨⬜️⬜️⬜️ Product ⚙️ (11)
28 Votes
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