env0, which develops Infrastructure as Code workflow automation and management software, raised $18.1M led by Venture Guides, bringing Series A total to $35.1M
Meir Orbach / CTech : Mastodon: @jay@cuthrell.com Mastodon: Jay Cuthrell / @jay@cuthrell.com : @Techmeme Seeing investments in companies that bring convergence thinking and greater abstraction to Inf...
Inside a GlobalFoundries chipmaking plant in upstate NY, filled with $10B worth of machinery, detailing the three-month, 700-step chip manufacturing process
and expensive — pieces of equipment in the factory are the lithography machines that print the intricate designs on the wafers. The Malta plant has 20 of those; each costs roughly $100 million.” https...
Global cloud infrastructure spending grew 35% YoY in Q1 to reach $41.8B; AWS led with 32% of total spend, followed by Azure with 19% and Google Cloud with 7%
Canalys Newsroom : Tweets: @jaycuthrell Tweets: Jay Cuthrell / @jaycuthrell : Painting the bridge will continue on the path to $15T or until it is no longer “cloud” and simply becomes “terrestrial da...
Report: 96.9% of Bay Area tech startups remained in the region in 2020; of those that moved, 21% moved to New York, 21% to other parts of CA, and 12% to TX
Annabelle Williams / Insider : Tweets: @lenny_mendonca , @jaycuthrell , @producercities , and @abrams Tweets: Lenny Mendonca / @lenny_mendonca : “A new survey throws cold water on a popular storyline...
Report: 96.9% of Bay Area tech startups remained in the region in 2020; of those that moved, 21% moved to New York, 21% to other parts of CA, and 12% to TX
- A survey from Telstra Ventures shows that the majority of startups stayed in San Francisco in 2020. Tweets: @producercities , @jaycuthrell , and @abrams Tweets: Jim Russell / @producercities : Pitts...
Lunchclub, a service that facilitates virtual introductions, raises ~$24M led by Coatue and Lightspeed at a $100M+ valuation, says usage is up 10x amid pandemic
Jordan Novet / CNBC : Tweets: @nmasc_ , @jaycuthrell , and @jordannovet Tweets: Natasha Mascarenhas / @nmasc_ : A startup that connects you to other smart people through 1:1 sessions and social dinne...
Study of S1 filings of 79 public tech firms shows median level of founder ownership at exit was 11%, while median level of VC ownership at exit was 62%
Founders are always concerned with their level of equity ownership and the potential dilution from a new round, and rightly so. Tweets: @jaycuthrell and @jaberman Tweets: Jay Cuthrell / @jaycuthrell :...
Several secondary buyers say unicorn shareholders are now much more interested in selling common stock
Connie Loizos / TechCrunch : Tweets: @msuster , @jaycuthrell , @briantopping , @rgwd67 , @abrams and @panzer Tweets: Mark Suster / @msuster : Further in “could have seen this coming a mile away” peop...