Israeli VC firm Cyberstarts raised a $300M fund to let its portfolio companies' long-tenured employees with recurring opportunities cash out their vested shares
Kate Clark / Bloomberg :
SignalFire raised a $1B+ fund to bet on early-stage AI startups, taking its AUM to $3B, and plans to use AI to spot market trends to help portfolio companies
Katie Roof / Bloomberg :
A profile of Thrive Capital, whose biggest portfolio companies include OpenAI and Stripe, as rivals dismiss the VC firm's approach as closer to asset management
As OpenAI raced to raise almost $7bn last month, one investor was always on hand. Thrive Capital stayed close … X: @sjhmorris X: Stephen Morris / @sjhmorris : Thrive Capital: the venture firm staking...
Source: Sequoia Capital completed its $861M purchase of Stripe shares from Sequoia limited partners last week; Stripe didn't receive any proceeds
- It also could become a model for how VC firms deal with long-in-the-tooth portfolio companies. … - Some LPs exited completely …
Source: a16z has secured thousands of AI chips, including Nvidia H100 GPUs, and is renting them to portfolio companies, with the aim of expanding to 20K+ GPUs
Kate Clark / The Information :
Sources: Google and OpenAI step up staff vetting over Chinese espionage threats; Sequoia has also encouraged some portfolio companies to tighten staff vetting
Google, OpenAI and Sequoia Capital push to improve security practices following high-profile spying cases
Presentation: OpenView plans to return ~75% of a $571M fund, raised in 2023, to its LPs by Q3 and use the remaining capital to back ~30 portfolio companies
Natasha Mascarenhas / The Information :
A look at Nvidia's AI startup investments through Nventures and its corporate development team, deals that come with intangibles, like access to research teams
Richard Nieva / Forbes : X: @alexvoica , @alexrkonrad , @richardjnieva , and @hkanji X: Alexandru Voica / @alexvoica : Working with Nvidia's world-class research team and having NVentures as an inves...
A look at Nvidia's AI startup investments through Nventures and its corporate development team, deals that come with intangibles, like access to research teams
The trillion-dollar chipmaker has done over two dozen deals, through its Nventures investing arm and corporate development team. X: @alexvoica , @alexrkonrad , @hkanji , and @richardjnieva X: Alexandr...
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...