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After Sergi Bastardas’ decade at Amazon and floriculture startup Colvin, one thing always stood out — the feeling that there wasn’t enough efficient “human infrastructure” to manage the workers behind the scenes. He took this feeling and, in 2025, alongside his co-founders Nacho Travesí and Antonio Melé, launched Orbio, an enterprise startup that helps businesses…
Last year, Justin Ernest noticed a massive gap in how venture capital was working: Family offices and smaller institutional investors were eager to invest in the fastest-growing AI companies but couldn’t get access to those cap tables. Having spent over five years at Playground Global investing in deep tech and helping lead fundraising, Ernest was…
In recent days, founders and founders-turned-investors took to X to share horror stories about being mistreated by VCs. Their complaints ranged from VCs falling asleep during pitch meetings to investors suggesting a founder fire a co-founder. Brendan Foody, co-founder of the AI talent platform Mercor, which was last valued at $10 billion, went so far…
After a very profitable decade on Microsoft’s board, Reid Hoffman is stepping down, the company announced Thursday. Hoffman joined the board after Microsoft bought his company LinkedIn for $26.2 billion in 2016. Hoffman was on Microsoft’s board when it invested its first $1 billion into OpenAI in 2019. Hoffman was one of OpenAI’s original investors…
Asking venture capitalists for investment is a rite of passage for tech founders. This has led to another universal experience: the VC pitching horror story. A massive conversation sharing such stories has taken place all week on X with the comments both funny and infuriating. We read through them all to find the most interesting…
With just two weeks to go, StrictlyVC Los Angeles is quickly approaching. On Thursday, June 18, at The Aerospace Corporation Campus in El Segundo, investors, founders, and tech leaders will gather for an evening of conversation exploring some of the most consequential shifts taking place across venture capital, defense technology, artificial intelligence, and advanced industry. Secure your spot here….
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract…
Benchmark Capital, the storied Silicon Valley VC firm known for early investments in eBay, Snap, Uber, and Twitter, is breaking with one of its signature traditions: keeping its funds to about $425 million and backing only young startups. After more than two decades of restricting its vehicles to that amount or lower, the outfit has…
According to Crunchbase’s latest data around black founders, $643 million has poured into US Black-founded startups since the beginning of the year — an amount not seen since 2022, when Black founders raised $653 million in funding. For context, Black founders raised $942 million of all venture dollars last year (that’s 0.32% of the $290…
SoftBank Group announced today that it plans to spend up to €75 billion (around $87 billion) to expand data center capacity in France. The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity. The first phase of the plan involves building data centers in Dunkirk (Loon-Plage), Bosquel,…