A look at Neo, a VC firm that made early bets on startups including Kalshi and Cursor, pushing the value of its first two funds far above industry averages
The venture firm, led by CEO Ali Partovi, illustrates the growing gulf between a few top performers and the industry medianLinkedIn:Yuliya ChernovaandHadi PartoviLinkedIn:Yuliya Chernova:The 2021 vent...
San Francisco Compute, which provides a marketplace for AI computing capacity, raised a $40M Series A led by DCVC and Wing Venture Capital at a $300M valuation
Yuliya Chernova / Wall Street Journal :
Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year
Yuliya Chernova / Wall Street Journal :
Lina Khan cites Figma IPO as vindication of M&A scrutiny, saying letting startups grow independently, rather than be acquired, can generate “enormous value”
not because state harassment helped! [image] LinkedIn: Yuliya Chernova : “Figma isn't just any VC-backed tech IPO. It is a behemoth. There's a very small list of VC-backed companies valued in the ra...
Tel Aviv-based Wonderful, which develops customer support AI agents for businesses in non-English speaking countries, raised a $34M seed led by Index Ventures
Yuliya Chernova / Wall Street Journal :
Sources: Meta offers to buy up to 49% of Nat Friedman and Daniel Gross' VC firm NFDG, which has invested about half of its first fund of ~$1.1B, raised in 2023
Yuliya Chernova / Wall Street Journal :
OpenRouter, which directs prompts to LLMs based on factors like cost and speed, raised $40M across a seed and Series A; source: the startup is valued at ~$500M
The startup, now valued at about $500 million, directs artificial-intelligence prompts to various large language models based on cost, speed and other factors LinkedIn: Chris Clark LinkedIn: Chris Cla...
Dealogic: the IPO market in 2022 is the lowest since 2009; companies have raised $5.1B in IPOs this year so far, compared to $100B+ at the same time last year
Corrie Driebusch / Wall Street Journal : Tweets: @ychernova , @jsadinolfi , @saraheneedleman , and @lisaabramowicz1 Tweets: Yuliya Chernova / @ychernova : “I don't think a lot of companies that are p...
NY-based Button, which links apps to other apps for smoother mobile shopping, raises $30M Series C led by Icon Ventures; source: deal values company at $200M+
Yuliya Chernova / Wall Street Journal : Tweets: @chrismaddern , @ychernova , and @mdudas Tweets: Chris Maddern / @chrismaddern : Excited to share that we've raised an additional $30 million to keep b...
Source: Sequoia Capital is seeking to raise $12B+ across seven funds, including $8B for its global growth fund, $2.5B for China, and $675M for Southeast Asia
More than $12 billion in capital is sought across seven new funds — One of Silicon Valley's best-known venture-capital firms … Tweets: @shiraovide and @ychernova Tweets: Shira Ovide / @shiraovide : ...