📶 X sues former advertisers

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Good morning 👋

It seems like everybody on the East Coast is currently underwater with all of the rain and flooding.

I’m praying all of y’all stay safe + dry the next couple days.

Here’s what all you missed in the news yesterday.

TL;DR:

• 📰 News

• 🔗 Links

• 🐥 Tweet

• 💰 Funds

• 📶 Recs

• 🗳 Poll

HEADLINES
X goes after advertisers 🔥

• Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover (AP)

• General Catalyst-led round values young AI safety startup Haize Labs at $100M (Pitchbook)

• KKR Founders Sued for Allegedly Getting Giant Payday for No Work (WSJ)

• Cybersecurity Startup Abnormal Security Locks Up $250M At $5.1B Valuation (Crunchbase)

• From golf to hunting, a new crop of startups want to make these experiences even better (TechCrunch)

• Klarna Weighs Secondary Share Sale Ahead of IPO (The Information)

• Do IPOs Pick Up In Post-Election Years? (Crunchbase)

LINKS

🔧 Steels, Servers and Power—What It Takes to Win the Next Phase of AI: The qualifying round is over…in the new era, construction is king.

🧰 Before and After Financial Model Tool: See an example of an ugly excel financial model and how it’s designed afterwards to make it more pretty.

🚘 Building the World’s Most Trusted Driver: Waymo co-CEO Dmitri Dolgov joined a16z general partner David George to discuss how Waymo is using genAI to help them build safer, sustainable, and more accessible transportation.

⚡️ Decentralized Energy: A reading list of resources.

⚛️ The 25 Micro-Habits of High-Impact Managers: Sharp folks from across the First Round community share the small habits that great managers do, including delivering feedback with care, opening up about failure and sending praise up the chain.

📶 VC Financial Modeling Templates: Get our best financial models and templates used for startup investing.

TWEET

REFER
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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

The Early: A new place for junior VC resources and content.

Creator Spotlight: The best newsletter we’ve found on growing and monetizing as an online creator.

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 yesterday’s piece:

What do you think about us reducing the number of headlines?

🟨🟨🟨🟨⬜️⬜️ 👍 Like it - I like having less options (12)

🟩🟩🟩🟩🟩🟩 🤷‍♂️ Meh - don't care (15)

🟨🟨🟨🟨⬜️⬜️ 👎 Hate it - I like having more headlines to pick from (10)

37 Votes