This top VC has bet close to 20% of his fund on teenagers — here’s why
Eventbrite co-founder Kevin Hartz is onto his next thing — teenage founders, not as a social experiment but as an unplanned investment thesis.
Your AI tools run on fracked gas and bulldozed Texas land
If you’re wondering why AI companies are pursuing this path, they’ll tell you it’s not just about electricity – it’s about beating China.
OpenAI has five years to turn $13 billion into $1 trillion
Some of America’s most valuable companies are now leaning on OpenAI to fulfill major contracts, notes the FT.
Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge
Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets a…
Grindr’s owners may take it private after a financial squeeze
Grindr’s majority owners are scrambling to take the LGBTQ+ dating app private after a stock decline triggered a personal financial crisis, according to a report from Semafor.
Oura is winning young women and losing gym rats, and it’s fine with that
Oura’s chief commercial officer doesn’t seem particularly worried about capturing every demographic. Instead, she’s focused on keeping Oura’s core users happy while organically attracting new segments. And young women are becoming part of that core mar…
Strava eyes IPO as Gen Z trades dating apps for running clubs
Strava, the 16-year-old fitness tracking app, is gearing up to go public, the Financial Times reports. CEO Michael Martin told the FT that the San Francisco company plans to list “at some point,” eyeing capital for more acquisitions. The co…
The fixer’s dilemma: Chris Lehane and OpenAI’s impossible mission
The company’s Sora problem is really at the root of everything else.
Salesforce CEO says National Guard should patrol San Francisco — stunning his own PR team
Though Benioff’s shift mirrors Silicon Valley’s broader accommodation of Trump, the exchange offered a rare glimpse of just how far that repositioning can go. The question now: will other Bay Area tech CEOs follow Benioff’s lead and call for federal tr…
Shutdown silver lining? Your IPO review comes after investors buy in
With 90% of SEC staff furloughed, the agency announced on Thursday that it won’t penalize companies for omitting pricing details during the shutdown.