Ops Rundown: Issue #024
Hello Operators! ??
It’s Columbus Day —a perfect reminder that every journey, whether across oceans or through Q4 KPIs, takes bold moves and relentless effort.
Here's what went down in the past few weeks:
For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category.
AI deals continued to dominate venture funding during the third quarter. AI companies raised $18.9 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding.
The third quarter also saw the close of the largest venture deal of all time: OpenAI raised a behemoth $6.6 billion round. OpenAI’s deal was one of six AI funding rounds over $1 billion in 2024.
Here are the U.S.-based AI companies that raised $100 million or more so far in 2024:
Customize travel policies for multiple scenarios and enforce them at scale. Tailor travel policies to fit the unique needs of each team, whether it’s by role, department, location, employee, and more.
Cap table access is essential for understanding your investment portfolio, but companies often wait for a request before granting it. Our goal is to equip investors and portfolio companies with the tools to request and grant access securely.
With Carta's latest release, investment firms now have robust tools to manage cap table requests, ask for the specific data levels they need, and follow up with companies to secure access.
Are You Spending Your Time Where It Matters Most? Let’s Find Out.
We’re offering a free back-office and time audit to help you determine if you’re focusing on the areas that truly drive growth. Having worked with 240+ founders, we know how to identify high-ROI activities that unlock exponential growth.
It’s FREE—just one conversation (we promise, it’ll be fun??). Plus, you’ll walk away with a personalized report showing if you’re maximizing your most valuable asset: time.
Interested? Let’s Discuss
Need a reminder on when sales tax is due in November? We’re here to help. Find your state (or states) below to see your November 2024 sales tax due date.
P.S.: Would you rather not have sales tax on your founder plate? Let levy handle it for you - Get in touch
Startup stock options are an important component of compensation packages. Since startups often operate on lean budgets and limited cash flow, they offer employees the chance to own a piece of the company’s future growth through stock options.
For employees, this can be an investment that could lead to significant financial rewards if the company succeeds. But while stock options offer numerous potential, they can also be complex and come with risks, especially for those who don’t know how they work.
In this article, we'll discuss how startup stock options work, the different types available, and what employees need to consider when offered them.
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At levy, we help early-stage founders streamline and automate regulatory and legal ops, HR, and finance so you can focus on what matters most — your business.
Let levy streamline your processes, polish your compliance, and make you default-investable. Join the ranks of satisfied founders with levy - get started.