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VOICE ARCHIVE

Arfur Rock

@arfurrock
9 posts
2025-12-13
OpenEvidence raising $250M at $12B. $150M RR on just ads, +3x from August. On <1M users. Resulting in 90% GM, inclusive of all compute. 2026 will be the year AI ads cross the rubicon. If you're building an AI app figure out your ad strategy ASAP. You'll be behind without.
2025-12-13 View on X
The Information

Source: OpenEvidence, which offers an AI chatbot for doctors, is raising $250M at a $12B valuation, up from $6B in Oct., and has $150M in annualized ad revenue

Stephanie Palazzolo / The Information : X: @steph_palazzolo and @arfurrock X: Stephanie Palazzolo / @steph_palazzolo : New! OpenEvidence, which offers a “ChatGPT for doctors,” is ...

2025-09-03
Statsig was acquired by OAI in a $1.1B all-stock deal. Notably, they announced a $100 million Series C at the same $1.1B valuation from Iconiq just a few months ago, in May 2025. Wonder what prompted management to sell after the recent large equity raise.
2025-09-03 View on X
The Verge

OpenAI shuffles its executive roles and acquires product analytics company Statsig for $1.1B, with Statsig CEO Vijaye Raji becoming OpenAI's CTO of Applications

It was a big weekend for the ChatGPT-maker. … OpenAI has started to build out its Applications team under Fidji Simo …

2025-08-14
BI confirmed my intel. We're gradually symmetrizing information in the private markets. 2nd order effects in capital allocation will be sharper pricing, higher capital velocity, and the collapse of marginal arbitrage — shifting leverage to founders. Good. [image]
2025-08-14 View on X
Business Insider

Sources: Perplexity is seeking funding at a $20B post-money valuation, up from a reported $18B in its fundraising round in July 2025 and $520M in January 2024

But Not Only — An AI-Centric Bunch Marcus Schuler / Implicator.ai : Gemini 90%, GPT-5 79% — DeepSeek retreats to Nvidia; Google turns on memory Chaitanya Kohli / MEDIANAMA : From D...

BI confirmed my intel. We're gradually symmetrizing information in the private markets. 2nd order effects in capital allocation will be sharper pricing, higher capital velocity, and the collapse of marginal arbitrage — shifting leverage to founders. Good. [image]
2025-08-14 View on X
The Information

Sources: Perplexity spoke to The Browser Co. and Brave about acquiring them, offering ~$1B for Brave; OpenAI also spoke to The Browser Co. about an acquisition

Perplexity made headlines this week when the artificial intelligence startup said it had offered to buy Google's Chrome …

2025-08-01
$25B of shareholder value created. Everyone, please apologize. [image]
2025-08-01 View on X
CNBC

Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023

Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.

2025-07-02
$70M held in Bitcoin ETFs, and board approval for another $30M BTC purchase via USDC. Yeah this is going to be a 10 bagger after listing.
2025-07-02 View on X
CNBC

Figma files for an IPO, plans to trade on the NYSE under the ticker FIG, and reports Q1 revenue up 46% YoY to $228.2M and net income up 233% YoY to $44.9M

Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol “FIG.”

2025-04-26
Wonder how many credits @benchmark gets for leading $50M Series B at $500M. Bravo — incredible launch, incredible product, incredible investors.
2025-04-26 View on X
Bloomberg

Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East

incredible launch, incredible product, incredible investors. Sheel Mohnot / @pitdesi : Manus is based in Beijing. Wonder how you underwrite that risk. Perhaps why Gurley has been t...

Wonder how many credits @benchmark gets for leading $50M Series B at $500M. Bravo — incredible launch, incredible product, incredible investors.
2025-04-26 View on X
The Information

Sources: Butterfly Effect, the Chinese startup behind Manus, has discussed setting up a new HQ outside China, and separating its domestic and global businesses

Leaders of the Chinese startup behind the hit artificial intelligence agent Manus have discussed setting up new headquarters outside China …

2025-03-25
An AI company with a similar “revenue” trajectory likes to include early equity raised as part of their ARR calculation. Raised ~$20M so far & is quite literally everywhere. I'm pretty sure none of its investors are aware of this. Good litmus on who is doing the most basic DD.
2025-03-25 View on X
TechCrunch

Sources: 11x, an AI-powered sales automation startup backed by a16z and Benchmark, has been using fake customer endorsements and massaging its financial numbers

Last year, AI-powered sales automation startup 11x appeared to be on an explosive growth trajectory.