Don't forget! If your college-aged kids, nieces and nephews are looking at an internship this summer at a Silicon Valley VC, please invite them to apply at Race Capital. Read more?here?and ask her/him to apply?here.
Here are a few great things to read/watch this week:
- ???How to Know a Person - I really enjoy listening this book by David Brooks recommended by my friend Lin. =)? Being a seed investor, it's all about learning and reading people. A great product does not make a great company. A great founder?makes a great company. With social media, we have the illusion of social contact without truly building trust, care and affection. Read more
- ???Is there Conflict of Interest? Bret Taylor is raising $85M for his startup Sierra. Sam Altman is raising billions for his?AI chips factories.?
- ???The Speech that Broke the Internet by?Javier Milei, President of Argentina?- ?Watch his speech at WEF
- ?? Meet Allen Lau, founder of Wattpad (acquired by Naver for $600M)?- Allen is the co-founder of Toronto-based Wattpad, the global multi-platform entertainment company for original stories and leading social storytelling platform. After raising $120M from top VCs in Silicon Valley, New York, Canada, and Asia, in 2021 Wattpad was acquired by South Korean internet conglomerate Naver for?$600 million.I am hosting Allen this coming?Wednesday 5 pm PST.? Join us on Linkedin Live.
- ?? 24584 Workers Have Been Laid Off - so far in January 2024 from 93?tech companies, the most since March 2023 when ~38,000 people were laid off including companies like Salesforce, Microsoft, SAP, eBay, Riot Games, Wayfair, etc. Read more
This week a total of 13 startups raised $288.7M in funding, 4 M&As:
- $114.2M?goes to?5 Enterprise?startups
- $5.4M?goes to 1 Crypto?startup
- $64.6M?goes to?2 Healthcare?startups
- $40M?goes to?2 BioTech?startups
- $50M?goes to?1 Environment?startup
- $4M?goes to 1 Marketplace?startup
- $10.5M?goes to?1 Food Tech?startup
If you love this newsletter, ask your best friends to?sign up. Edith See more details below:
Funding (300 miles radius from Silicon Valley) Enterprise
- GenEdit (gene medicine and therapies) raised $24M Series A?from?Eli Lilly, Sequoia Capital, Korea Investment Partners, Woori Venture Partners, DAYLI Partners, KB Investment, IMM Investment and TIMEFOLIO Asset Management, KDB Silicon Valley, Mirae Asset Venture Investment, ACVC, Pathway Partners, LoftyRock Investment, Terra VC, K2 Investment, Dong-A ST, KIMCO and Huons
- S2 Genomics (automated tissue dissociation platform) raised $16M Series A?led by BroadOak Capital Partners, Research Corporation Technologies
IPO & M&A (300 miles radius from Silicon Valley) ?
Check out job opportunities across our portfolio at Race Capital's Portfolio Job Board.
Impressive collaboration! Can't wait to read your newsletter! ??
Ready for the real estate revolution? ?? | AI-driven bargains at your fingertips | Proptech Expert | My Exit with 33 years and the startup comeback. ???????
10 个月Nice collaboration with DALL.E and Microsoft! Looking forward to your newsletter.?? #CreativityAtItsBest