CM Weekly: Pre-Seed vs. Seed, AWS’ Run Rate, Vertical Clouds

Written by Chris McCann, General Partner @ Race Capital. More about me.

??? Interesting Reads

• One investor’s definition on the difference between pre-seed and seed funding rounds?
• The banking sector's woes continue to happen with First Republic most likely being taken over, and Cross River Bank having enforcement against it.?
• Microsoft reported 2,500 OpenAI enterprise customers, 10K Github Copilot business customers.?
• Overview of the architecture developers are using to build LLM powered applications.
• Key takeaways from the KubeCon conference last week, all about DevOps and platform engineering.
• While all the attention is on the large cloud players (AWS, GCP, Azure) vertical specific cloud providers are also thriving. Seeing this firsthand with one of our portfolio companies Zeet as well.?
• AWS is on a $85B run rate, Azure is $60B, and GCP is $30B.?

?? Startup Jobs

• By Company: Databricks, GoodNotes, Zeet, Polysign, Opaque, Lightning Labs, OtterTune, and more
• By Role: Engineering, Data Science, Product, Design, Operations, Finance, Legal, and more
• By Location: SF Bay Area, New York, London, and Remote

Browse more open roles across our portfolio at Race Capital's Portfolio Job Board.

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