Weekly newsletter on technology, startups, and venture capital.

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

• After “containing” the banking crisis to SVB, the crisis seems to be spilling over to the broader market with Credit Suisse rumored to be acquired by market open.
• A simple explanation of what banks actually do, and what their core functions are.
• Despite the broader markets, AI had one of the most active weeks of development with GP4 releasing, PaLM. Midjourney v5, and many other developments.
• With all the big news out there, it's easy to forget that banking is a very human relationship based activity as well, not just numbers on a screen. 
• I’m sure this has been one of the longest weeks for finance/operations teams at startups. Here are some guides on cash management and treasury management to help with more strategic planning going forward. 
• A deep dive into Palo Alto Networks, one of the biggest security companies you may not know about.
• Large language models (LLMs) have a tendency to mirror the most popular answers, not necessarily the correct answers.
• Be careful about thinking Github stars equals traction in open source.

• 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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