Looking forward to hosting our first Race Capital Venture Summit in SF this week with speakers including SBF from FTX, Anatoly from Solana, Ion Stoica from Databricks, and Roelof Botha from Sequoia. 

🏎💨

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

• While it might seem like the cloud is old, 9/10 banks still use mainframes. This is why financial services are so ripe for disruption.
• HashCorps slides from their investors’ relations day. Lots of interesting ideas for open source software & go-to market. 
• How open source companies get their first 1,000 users/community members.
• Some of the core issues with buy-now-pay-later include people taking out multiple BNPL loans across multiple providers, none of this being reported back to credit score providers, unclear chargeback process, and others.
• If Rolex sales are the indicator for the luxury market, the trend is still down. 
• One of the best in depth essays on the capital raising process and narrative/market dynamics that ensue because of it.

• By Company: Databricks, FTX, 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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Early childhood innovators this is for you.