It's ironic that LPs retreat to familiar networks because most capital goes to white men and most VCs are not profitable in risk-adjusted terms. That means it's time to try something new.
The idea that university degrees don’t matter is a Silicon Valley fantasy
Unless you are born into a privileged, well-connected family with substantial capital, your undergraduate degree from a top university is the most powerful socioeconomic opportunity that exists.
Yale’s longtime — and legendary — endowment chief, David Swensen, has passed away at age 67
David Swensen, among the most highly regarded money managers in the world after growing Yale’s endowment from $1 billion when he joined as a 31-year-old former grad student of the school, to the second-largest school endowment in the country after Harvard, has passed away at age 67. The cause was c…
Snackpass gobbles up $70M at a $400M+ valuation as its social food ordering platform crosses 500K users
While every food delivery company is trying to get an edge on its rivals with discount codes, faster service, and a turn into the realm of spooky with ghost kitchens and dark stores, a startup built on a lighter, social concept — letting people see what their friends are chomping on, making i…
TikTok says ‘Project Texas’ will bolster security for U.S. users in wake of China data access concerns
Over the weekend, TikTok wrote to Republican Senators to assure them that it’s working on a program called “Project Texas” to bolster data security for U.S.-based users. This was in response to the Senators’ letter to the company dated June 27 that questioned its data access…