Charles Hudson had just closed his fifth fund several months ago – $66 million for Precursor Ventures – when one of his limited partners asked him to run an exercise. What would have happened, the LP wondered, if Hudson had sold all his portfolio companies at Series A? What about Series B? Or Series C? […]

When Baiju Bhatt stepped away from his role as Chief Creative Officer at Robinhood last year, only those close to him could have predicted his next move: launching a space company built around tech that the aerospace industry has largely dismissed, and which might be more groundbreaking than anyone realizes. If people aren’t paying much […]

President Donald Trump signed an executive order directing the Federal Aviation Administration to lift the 52-year ban on supersonic flight over U.S. soil.

Early-stage AI startups are imbuing new life into San Francisco’s Northern Waterfront, after years of "for lease" signs dotting the post-pandemic landscape.

Per Inside EVs, Cybertruck owners are now allowed by Tesla to trade in their cars for the first time since they hit the market – but they’ll incur a heavy hit in the process. CarGurus recently showed depreciation rates of up to 45%. Meanwhile, Business Insider talked this past week with two owners who shared […]

In an era where hundreds of new venture funds have emerged, only to face a narrowing market as exits prove slippery, Elizabeth Weil’s Scribble Ventures stands out as a case study in the importance of deep networks. Defying a contraction that is sidelining many newcomers, Weil just secured $80 million for Scribble’s third fund, its […]

OpenAI is poised to help develop a staggering 5-gigawatt data center campus in Abu Dhabi, positioning the company as a primary anchor tenant in what could become one of the world’s largest AI infrastructure projects, according to a new Bloomberg report. The facility would reportedly span an astonishing 10 square miles and consume power equivalent […]

Whitney Wolfe Herd returned in March to lead Bumble, the dating app she founded and took public, following the unexpected departure of CEO Lidiane Jones. Now, in a New York Times interview, Wolfe Herd opens up about what happened. “I had no intentions of coming back,” Wolfe Herd says. Her post-Bumble life initially brought existential […]

Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would be the second-largest startup funding round ever, behind only OpenAI’s […]

We’re thrilled to announce that Greece’s prime minister, Kyriakos Mitsotakis, will be joining us at our upcoming StrictlyVC event in Athens, co-hosted with Endeavor, on Thursday night, May 8, at the stunning Stavros Niarchos Foundation Cultural Center. For those who might not be familiar with his background, Mitsotakis brings a fascinating blend of experiences to […]

In a quiet transformation from merchandising giant to (also) healthcare giant, Amazon may be positioning its sprawling logistics network and growing medical footprint to potentially save lives, starting with your front door. According to Bloomberg, back in 2023, Amazon piloted a several months-long pilot program called Project Pulse, equipping delivery vans with defibrillators and training […]

Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition vehicle. Bonobos was acquired by Walmart. Glossier is still privately held, along with many other […]