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- YC Plans To Raise $2B... Sam Altman Yawns
YC Plans To Raise $2B... Sam Altman Yawns
Meanwhile, more info about how Microsoft outsmarted regulators and how Apple apparently didn’t.
It’s actually crazy that a $2B raise doesn’t seem that crazy anymore. I wonder how fast they will be able to fill it. Is there a Guinness World Record for fastest raise? Right next to the page about the guy with really long toe nails. Meanwhile, more info about how Microsoft outsmarted regulators and how Apple apparently didn’t.
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Briefing: Y Combinator Plots $2 Billion in New Funds
“Y Combinator is raising three new funds totaling at least $2 billion, according to a Forbes report. The new funds will cover the next four batches of YC's biannual startup accelerator.”
Microsoft pays Inflection $650M in licensing deal while poaching top talents, source says
“The high-profile AI startup's models will be available on Microsoft's Azure cloud service, the source said. Inflection is using the licensing fee to pay Greylock, Dragoneer and some other investors, the source added, saying the investors will get a return of 1.5 times what they invested.”
U.S. Sues Apple, Alleges Tech Giant Exploits Illegal Monopoly
“The case against Apple is the latest shoe to drop on the four tech giants that U.S. antitrust officials have been focused on. U.S. officials have also filed antimonopoly lawsuits against Amazon, Google and Meta Platforms.”
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Sandhill Live Schedule
THIS WEEK: Hyperscaling - The Employee Perspective
Join us live on Thursday, March 28 at 3pm EST to dive into what nitty gritty of on being a very early employee at a hyperscaling startup.
Excited to dive in here and to get a better understanding of the hypergrowth story from the employee perspective. We have all heard these stories from the founder perspective, but the employee side is under-discussed.
How do you know you’re hyperscaling?
How to think about your role?
How do you win?
How can you lose?
We'll be joined by seasoned operators who have seen the dos and don’ts first hand:
David Peterson, fmr Head of Growth @ Airtable
John Collins, fmr Director of Content @ Intercom
Mitali Gala, fmr Software Engineering Lead @ Nextdoor
This event is brought to you in partnership with Sacra.
NEXT MONTH: Demo Day Is Back With SeedChecks
Demo Day is back--and this time we're partnering with SeedChecks to make it even bigger! Click here to RSVP to the live event.
SeedChecks was built by our friend Julian Shapiro as a one stop shop for founders to get in front of some of the biggest names in venture. It’s an impressive group and we’re excited to bring our Live Demo Day format to their ecosystem. Here’s how it works:
Fundraising founder? Submit your deck via the SeedChecks website here.
When you submit two things happen:
First, you’ll have your deck reviewed by the SeedChecks team as well as their incredible group of investors. The group of over 15 active investors write checks between $300k and $3M.
Second, if it’s a fit for Demo Day, we will reach out directly to invite you to present live.
We will select 4 founders to present live in front of the combined audiences of Sandhill and SeedChecks!
Finally, tune in live on Thursday, April 11th at 3PM ET to watch these four exciting founders present what they're building to a panel of experienced investors and seasoned operators. Our amazing panelists:
Eric Jorgenson, CEO @ Scribe Media
Christian Keil, COS @ Astranis
Turner Novak, Investor @ Banana Capital
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Satya stays winning.
Letters From The Editor
Misc. (short for miscellaneous)
Microsoft Avoids Regulation - Vol. 2
Pretty big flex to have all the other big tech cos named in a lawsuit about monopolies at the same time that you’re basically eating an entirely new industry. What’s the argument against Microsoft being a monopoly/acting as a monopoly in this situation? They own the leader. They’re making big purchases that increases their mass in AI. Feels like this could end somewhere ugly. Or with Satya as our Galactic Emperor. Either one.
What I mean by Microsoft “owning” OpenAI ^
Are you surprised Microsoft is able to get away with their dominance of AI while other Big Tech cos get sued?Share your thoughts in the comment section after you vote |
Talk soon,
Adam
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