Foursquare co-founder says equity holders saw no returns from the company’s acquisition
Foursquare raised $411 million in funding according to PitchBook data, but its equity holders saw no returns from its final acquisition.
Venture
Inspired Capital closes $450M fourth fund as New York pushes back on Silicon Valley’s gravitational pull
The raise comes as venture dollars pile up on the West Coast.
Tenstorrent hits $6.2B valuation to scale open-weight AI chips
After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.
AI assistant startup Town nabs unicorn valuation four months after launch
AI assistant startup Town nabbed a unicorn valuation on Monday, announcing a $108 million Series B round co-led by Forerunner Ventures and Menlo Ventures.
No agenda, no rush, no leaving San Francisco: Benchmark’s partners on investing in a frenzied market
Benchmark may have grown its funds and swapped out some partners, but onstage the five who are left sounded like friends who just happen to be running one of the Valley’s most storied firms
An Nvidia insider-turned-VC on why robotics hasn’t hit its ChatGPT moment, yet
Amulya Vishwanath, who spent seven years leading product marketing for NVIDIA’s robotics platforms, says robotics is currently in its “Lego era,” with the basic building blocks like actuators, robotic hands, software, and safety standards still being rebuilt. This view runs counter to those who believe that robotics, powered by a general foundation model, is about to have […]
Even Benchmark thinks AI is eroding the venture pact against backing rivals
Benchmark says the Valley’s rule against backing rivals is getting harder to keep.
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