Weekly newsletter on technology, startups, and venture capital.

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

• Data on the average contract values (ACV) within scaled SaaS companies. TLDR the median ACV is $49K. 
• A guide to all of the key terms that govern venture capital funds.
• Despite a falling advertising market, advertising spend on TikTok is increasing.
• A look at the generative AI space from the foundational model outward perspective, and companies built around these core models. 
• An analysis of usage based pricing, to help think about your own pricing models. 
• Foreign exchange (FX) payment fees could be reduced by up to 80% if everything was built on-chain with P2P settlement.

• 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.

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