CM Weekly: Reddit IPO, Bad Infra Decisions, Topline Accelerator

Chris McCann's weekly newsletter on technology, startups, and venture capital.

I’m excited to share that we are launching a new accelerator at Race Capital, named Topline, which will be focused on infra/enterprise startups, refine their GTM, get in front of enterprise customers, and boost early revenue traction.

Accepted participants will get $250,000 on an uncapped SAFE note, $400,000 + in cloud credits, and will get mentorship and to pitch customers from JP Morgan, Caterpillar, Morrison Forrester, the NBA, and many other enterprise buyers.?

Applications are now open, would love to see you apply!

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

??? Interesting Reads

• Reddit is the first tech company filed to go public in 2024. Lots of market participants will be observing how this one goes out.
• Good and bad infrastructure decisions one infra engineer made while running an infra at a startup.
• Open questions the market participants & investors have about the AI space right now.?
• Primer on regulatory rules that VC funds need to follow, important for new fund managers.
• The preferences of workers to want to work at home vs being in the office 5 days a week, is finally showing up in the real estate data. TLDR Commercial real estate in major hubs is down 40%-50%.
• TSMC founder Morris Chang on the evolution of the semiconductor industry, and why he thinks AI chips cannot be produced in the US.?

?? 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.

This newsletter goes out to a wide membership base of founders, technologists, investors, and operators. Feel free to share with others, sign up here: Substack | LinkedIn Newsletter