Everett Randle, a former partner at Kleiner Perkins, joins VC firm Benchmark as general partner, following a slew of personnel departures at Benchmark
Natasha Mascarenhas / The Information : X: @km , @danprimack , @everettrandle , @scottbelsky , @everettrandle , @zebulgar , and @benchmark X: Kanyi Maqubela / @km : @EverettRandle @benchmark much con...
Sources: Anthropic's revenue hit a pace of $4B/year, up almost 4x from the beginning of 2025; source: Cursor maker Anysphere hired two of Claude Code's leaders
What's notable is that Cursor just poached the lead engineer and PM for Claude Code. I guess this is now an industry trend. Threads: Dare Obasanjo / @carnage4life : Anthropic is at $4B/year revenue w...
Bookkeeping startup Bench, which raised $100M+ including from Shopify, closes down effective immediately; several employees say Bench also laid off staff
it's reputation-ending Leadership means accountability Rohit Mittal / @rohitdotmittal : Does anyone know how to go about buying Bench's assets? I'm sure investors have counsel to sell the assets and g...
FTC's Lina Khan says open-weights AI models can promote competition and “liberate startups from the arbitrary whims of closed developers and cloud gatekeepers”
noting that the FTC has now banned non-competed. The crowd of founders started clapping in Lauren Goode / @laurengoode : FTC Chair @linakhanFTC, and earlier, Asst Attorney General Jonathan Kanter, hav...
Source: Y Combinator CEO Garry Tan early this year talked with OpenAI directors about joining the board, but it is unclear if the board is still considering Tan
Natasha Mascarenhas / The Information : X: @nmasc_ X: Natasha Mascarenhas / @nmasc_ : Scoop: YC CEO Garry Tan among those who had prelim conversations with OpenAI board about joining as a director. U...
Nextdoor replaces CEO Sarah Friar with co-founder Nirav Tolia, who served as CEO between 2010 and 2018; sources: the board also discussed selling the startup
The Information : X: @nikitabier , @joshuaogundu , and @nmasc_ X: Nikita Bier / @nikitabier : My time has come. Josh / @joshuaogundu : Nextdoor is exploring a CEO change or sale. Opened at $13.01 at ...
Sources detail what happened at OpenAI in the build-up to Sam Altman's firing; some board members believed that Altman was trying to pit them against each other
the OpenAI chief scientist who helped fire Sam Altman then backtracked—should jump ship for xAI or Tesla Rachel Metz / Bloomberg : OpenAI's Altman Ouster Was Result of Drawn-Out Tensions Gary Marcus /...
Source: VC firm OpenView laid off most of its staff and does not plan to make new investments, after several partners recently left the firm
OpenView Venture Partners is a VC firm which raised $2.4 billion and is now shutting down because they don't think they can generate returns for their LPs. … X: @saranormous : Dramatic VC fund collaps...
Y Combinator scales back its late stage team, laying off 17 employees, or ~20% of YC staff, calling late stage investing a “distraction from our core mission”
Natasha Mascarenhas / TechCrunch :
Airtable, valued at $11B in December 2021, lays off ~254 employees, or 20% of its workforce, including its CRO, Chief People Officer, and Chief Product Officer
Natasha Mascarenhas / TechCrunch :