The writing was on the wall, seemingly. Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics […]
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Andrew Ferguson, one of two Republican FTC commissioners appointed by U.S. President Joe Biden, will be the country’s next FTC chair, incoming president Donald Trump announced Tuesday on social media. The news is being met with relief in some circles. Current FTC Chair Lina Khan was blamed by many in Silicon Valley for a dearth […]
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Mitchell Green worked variously in investment banking, as an analyst with Bessemer Venture Partners, and for a hedge fund backed by Tiger Management before striking out on his own in 2011. Going it alone was seemingly the right move. Green now manages money for more than 700 individuals who have committed $5 billion to his […]
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About a “dozen Musk allies” have put a pin in their daily routines to serve as unofficial advisers to the Trump transition effort, says the New York Times. Among them, reports the outlet: Jared Birchall, the head of Elon Musk’s family office, has interviewed a few candidates for jobs at the State Department; Marc Andreessen […]
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Michael Gronager, the co-founder and longtime CEO of Chainalysis, has agreed to leave the company permanently, two months after taking a temporary personal leave of absence. Chainalysis, a buzzy 10-year-old, New York-based blockchain data platform, will now be led by co-founder Jonathan Levin, as Levin told TechCrunch, explaining that on Tuesday, its board of directors […]
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Brian Thompson, the CEO of UnitedHealthcare, was fatally shot in Midtown Manhattan early Wednesday morning while walking toward the New York Hilton Midtown for his company’s annual investor conference. According to emerging media reports, Thompson was fired on from roughly 20 feet away by a masked gunman, who appeared to be waiting for Thompson, and […]
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According to Oxford University Press, which publishes the Oxford English Dictionary (OED), the term “brain rot” is defined as the “supposed deterioration of a person’s mental or intellectual state” as it relates to overdosing on online content without much of a narrative — like TikTok videos. Brain rot is also the outfit’s word of the […]
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According to the Financial Times, HongShan, the Chinese investment firm spun off from Sequoia Capital in 2023, is aggressively expanding into Europe and North Asia owing both to “shrinking options” in China and to limited partners that have grown frustrated with how slowly HongShan is deploying the $9 billion in capital commitments it secured two […]
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Entrepreneur Marc Lore has already sold two companies for billions of dollars, collectively. Now he plans to take his food delivery and take-out business Wonder public in a couple of years at an ambitious $40 billion valuation. We talked with Lore in person in New York recently about Wonder and its ultimate aim of making […]
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Now you can appear to be on a Zoom call in your office, even when you’re sipping a margarita in a hammock far, far away. Courtesy of a months-old startup called Pickle, its pitch is simple: submit a five-minute-long training video of yourself to create an avatar, and 24 hours later, ostensibly, you’re ready to […]
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Forget cold plunge pools. The new flex could soon be human washing machines. According to one of Japan’s oldest newspapers, an Osaka-based shower head maker called Science has developed a contraption that’s shaped like a cockpit, fills with water when a bather sits in a seat at its center, and measures the person’s pulse and […]
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Houses in San Francisco are notoriously expensive, with the average home price hovering around $1.26 million. It’s no wonder that a fire-ravaged shack priced at $299,000 in one of San Francisco’s southernmost neighborhoods saw at least 20 people tour the property this past weekend, according to The San Francisco Standard. Potential buyers were asked to […]
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