Startups & Tech - Issue #206: Race Capital Fund II, Startup People vs Big Company People, Venture Outlook

Issue #206 — View online — Suggest a link

Startups & Tech

A curated list of the top stories in technology, startups, and venture capital.

Gm. Someone leaked the news of our Fund II for Race Capital 👀

Also a huge congratulations to our portfolio company Opaque Systems, encrypted analytics started by the founder of Databricks, for raising their Series-A!

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

Join Brad Feld and Maëlle Gavet for a timely AMA on Managing Through Market Volatility on July 14

Join Techstars co-founder, board member, author, and VC icon, Brad Feld, and Techstars CEO, Maëlle Gavet, on July 14 at 12 pm EST for an Ask Me Anything (AMA) session about managing through the current market volatility and its implications for startups, founders, and VCs. Brad and Maëlle seek to distill what is going on and provide practical guidance about how to manage your business in times like these. Get your questions ready and register now to save your seat!

🗞️ Interesting Reads

Elon Musk signed up to acquire Twitter, then tried to back out, then accepted, but is now pulling out again.
An employee compromise (via downloading a PDF) led to a $500M hack. Always be careful on what you click on / download.
Startup people vs. big company people.
More about the chapter 11 bankruptcy process and how it is affecting Voyager, and potentially other CeFi lenders.
Look into the near term venture/startup outlook. TLDR: Valuations will drop, extensions will be more common, investment processes will take longer. Confirm we have been seeing this as well.
Chainalysis report on the Web3 space. TLDR: Stablecoins are an overwhelming percentage of all transactions, illicit transactions are 0.15% of transfers (less than the banking sector), most NFT buyers are in Asia.
I shared some thoughts on CNBC about FTX/Sam Bankman-Fried recent acquisitions and moves in the market.

🔥 Startup Jobs

Race Capital: Investment Associate, Head of Content (Remote)
Hedge: Product Design, DeFi Degen (Remote)
Ottr Finance: Software Engineer (Remote)
Solend: Engineer, Smart Contracts, Product Design (Remote)
OtterTune: Product Manager, Software Engineer, Designer (Remote)
Opaque: Business Development, Backend, Core Platform (Berkeley, CA)
SocialChat: Customer Support (San Francisco, CA)
GoodNotes: Campus Ambassador (London, UK)
Databricks: Infra Eng, Product Manager
Lightning Labs: Head of Talent, Engineering Manager, Product Manager, Marketing (Remote)
Citcon: VP Engineering, Lead Architect (Remote)
Polysign: Software Engineer, Client Services (Remote)
Scarf: Social Media, Head of Growth, Engineer, Data Analyst (Remote)
Zeet: Head of Growth, Dev Experience, Customer Success, Marketing (SF, CA)
Zeta: Product Designer, Marketing Lead (Remote)
FTX: Full Stack Developer (Remote)

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

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This Startup Digest Reading List goes out to a wide membership base of founders, technologists, investors, and operators. Feel free to share with others, sign up here: https://startups.startupdigest.com/

Techstars Startup Digest Startups & Tech is curated by:

Chris McCann - General Partner @ Race Capital, former Greylock Partners
chris@startupdigest.com

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Startups & Tech - Issue #206: Race Capital Fund II, Startup People vs Big Company People, Venture Outlook

Older messages

Startups & Tech - Issue #205: Valuations, Plaid, and Reverting to the Mean

Startups & Tech - Issue #204: Investment Pace, Staked ETH, CAC and LTV

Startups & Tech - Issue #203: Time to Money, Neobanks Profitability, Cloud Comparables

Startups & Tech - Issue #202: Cash App Ecosystem, ML Infra, Web3 Wallets, Estimating LTV

Startups & Tech - Issue #201: Stake in Robinhood, M&A Process, Under-Collateralized Lending

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