Weekly newsletter on technology, startups, and venture capital.

Race Capital will be hosting an event on the future of voice-based AI on October 18th with the former CEO of Nuance (acquired by Microsoft for $19B) and founder of Otter.ai. More info and RSVP link here. 

I’ll also be speaking at Vectara’s launch event on October 16th along with ​Matei Zaharia, the founder and CTO of Databricks. More info and RSVP link here.

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

• Breakdown of all of the VCs returns for the $975M Loom sale to Atlassian. Huge shoutout to my friends Danielle and Michael from 1517 for being their initial seed investors.
• The state of AI report for 2023. A few interesting points from the report: Open source is on a huge upswing, the future could be small models, and AI has caused a big political divergence across the major nations.
• A visual representation on how transforms work within LLM models.
• Freemium is not always the best pricing strategy for every startup.
• A few metrics to think about, when measuring model performance. 
• A strategic look at Apple’s payment, lending, and banking services.

• 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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