R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down
R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down
The software firm behind a crypto-oriented social-media platform plans to repay venture capitalists the $180 million …
Insiders detail negotiations between politicians, tech and AI companies, VCs, and others over California's SB 53, the first-in-the-nation AI safety law
Chase DiFeliciantonio / Politico :
VCs say some AI startups, under pressure to show rapid ARR growth, are using questionable accounting practices like counting one-time deals as recurring revenue
Allie Garfinkle / Fortune :
VCs and founders warn that the $100K fee will make H-1B sponsorship prohibitively expensive for startups, not Big Tech, and drive talent outside the US
Longtime entrepreneurs and venture capitalists are sounding the alarm over President Trump's new H-1B fee that would impact tech companies and the workers they hire from abroad.
PitchBook: VCs have invested $5B+ in humanoid robotics startups since the beginning of 2024, as years of steady progress and GenAI triggers an investment frenzy
A frenzy of investment has created a crowd of new human-like designs. — SALEM, Ore. — In an office park opposite an Amazon warehouse, the robots are at work.
Sources: in a meeting with UK Technology Secretary Peter Kyle, Sam Altman proposed giving ChatGPT Plus to everyone in the UK, a deal that would have cost £2B
“we'll give your entire country chatgpt plus for £2bn. please???” — also, fuck you peter kyle for even taking this meeting. Mateusz Fafinski / @calthalas : Two billion for country-wide access to Ch...
Open letter signed by 800+ founders, VCs, and others: Sequoia must act after Shaun Maguire said Zohran Mamdani “comes from a culture that lies about everything”
where the hell is Sequoia going to find a replacement for investing acumen like that? [embedded post] So Mayer / @suchmayer : #AltText the image is a tweet by Shaun Maguire, in which he says that Mamd...
The One Big Beautiful Bill Act expands Qualified Small Business Stock benefits for VCs, founders, and startup staff, raising tax-free gains from $10M to $15M
The wealthy will likely see a host of new tax breaks in President Donald Trump's “big beautiful bill,” along with permanent extensions …
Trump's tax bill expands Qualified Small Business Stock benefits for VCs, founders, startup staff, including increasing maximum tax-free gains from $10M to $15M
Ben Steverman / Bloomberg :