Kleiner Perkins is having a very good week
With two IPOs this week alone, Kleiner Perkins partner Mamoon Hamid has reason to celebrate.
Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares
Will Griffith is a seed investor in Figma. Investors didn’t want to sell millions of shares. He explains why they did it anyway.
Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B
There has been so much demand for this stock that people on X are posting funny pictures of their orders being fulfilled.
Figma’s IPO price hit a $19.3B valuation out of the gate
In what should be a surprise to no one, Figma priced its IPO shares above its already increased previously announced range.
Ramp hits $22.5B valuation just 45 days after reaching $16B
In 2025, Ramp keeps raising money at increasing valuations as its CEO pursues an AI-powered future.
PlayerZero raises $15M to prevent AI agents from shipping buggy code
PlayerZero landed angel investors like Databricks’ Matei Zaharia, Dropbox’s Drew Houston, Figma’s Dylan Field, and Vercel’s Guillermo Rauch, its founder says.
How 2 UC Berkeley dropouts raised $28 million for their AI marketing automation startup
A marketing automation startup called Conversation has a founding story that sounds like it could have been an episode of the HBO show “Silicon Valley.”
Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation
Should this new fundraising deal close, it will double Groq’s valuation in about nine months.
Former Y Combinator, a16z experts hold invite-only summit for founders
An invite-only startup event hosted by former YC and a16z staff will help founders learn to pitch press and run their own social media.
OpenAI agreed to pay Oracle $30B a year for data center services
OpenAI was customer that signed the huge deal that Oracle disclosed last month.