🗒️ With $200M in revenue, Midjourney could be worth $10B CBInsights: Midjourney — a bootstrapped generative AI startup focused on image generation — has reportedly hit $200M in ARR. We analyze its competitive landscape and potential valuation. Within generative AI, image generation — a subset of visual media generation — is gaining traction. Click here
🗒️ California Gov. Newsom greenlights crypto regulation bill for 2025 Cointelegraph: California Governor Gavin Newsom has approved a cryptocurrency bill that enforces stricter regulations on businesses conducting crypto operations, set to begin in July 2025. In a statement published on Oct. 13, Newsom declared that the bill, titled the Digital Financial
🗒️ Women and underrepresented founders aren’t going to wait for the VC industry to transform itself Techcrunch: Women and underrepresented founders are not going to wait around for the VC industry to transform itself, so what can be done in the meantime? The organization I work for, Village Capital, recently
🗒️ Japan to let startups raise VC funding via digital assets: Nikkei Blockworks: Japan is reportedly preparing to allow startups to raise fresh funding from venture capital firms through the sale of digital assets. According to a report by Nikkei on Friday, the plan from the Japanese government is expected to
🗒️ Saudi Arabia Is Pouring Money in Sports. Is Tennis Next? The New York Times: The U.S. Open has been as gripping as ever this year, with the 19-year-old breakout star Coco Gauff set to face off against Aryna Sabalenka in today’s singles final and Novak Djokovic seeking a
🗒️ The cofounder of Fanhouse explains why she resigned from the startup and what she would have done differently if she started it today — including not raising VC funding Business Insider: * Creator Rosie Nguyen started Fanhouse in 2020 with two other cofounders. * She said the strings attached to venture-capital funds and
🗒️ All Raise’s new CEO confronts a changing landscape for diversity in VC Yahoo: New job. In April, Paige Hendrix Buckner became the permanent CEO of All Raise, the organization that supports women and nonbinary people in tech and venture capital. She first stepped into the role on an interim
🗒️ Fearless Fund Lawsuit: Implications for Venture | TechCrunch Global Village Space: The First Official Policy on Diversity in Venture Capital May Be Set by Lawsuit Against Fearless Fund The American Alliance for Equal Rights, founded by conservative activist Edward Blum, has filed a complaint against Fearless Fund, a minority-focused venture capital
🗒️ This New Platform Makes Millionaire-Style Startup Investments Accessible to Everyone — Sweater's New 'Public VC Funds' Allow Anyone To Create A Venture Capital Fund Benzinga: Fintech company Sweater is set to unveil its latest innovation — Public VC Funds. The revolutionary platform breaks down long-standing barriers in the
🗒️ It took 30 years for climate tech investments to pay off. Now they’re best placed to survive the VC winter Fortune: In the first quarter of 2023, global venture capital funding declined 53% year-over-year, according to recent data reported by Crunchbase. Another recent report highlighted that climate-specific venture funding
🗒️ A new age in investing: The transformative power of asset tokenization Cointelegraph: Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential to “dramatically change the dynamic”
🗒️ There is No Such Thing as Series A Metrics Tomasz Tunguz: In There’s No Such Thing as Series A Metrics, Charles Hudson explains that there is no magic milestone to raise a Series A. In this environment, I agree. The $1m ARR figure used to hold in 2018 &