Weekly newsletter on technology, startups, and venture capital.

I’m hosting an event around the future of voice-based AI on October 18th along with my partners at Race Capital. Speakers include:

- Paul Ricci, the former CEO of Nuance (acquired by Microsoft for $19B).

- ​Sam Liang, founder of Otter.ai, one of the most utilized generative AI apps according to the WSJ 

- Edith Yeung, GP at Race Capital 

Space is limited but RSVP here and would be great to see you there.

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

• The IPO markets showed a glimmer of hope with Instacart, Klaviyo, and ARM all going public last week. On top of this, Cisco acquired Splunk for $28B.
• While it's great news that Instacart was able to go public, most of the late stage investors lost money despite the outcome.
• Comparison of Databricks vs Snowflake revenue run rate and growth rates.
• Thoughts on the intersection between generative AI and intellectual property.
• Thoughts on why Open Source AI models will win over the long term. 
• The big tech companies are already trying to win the AI space via regulatory capture. 
• SpaceX projected 20M Starlink subscribers, and ended up with around 1M.

• 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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