Silicon Valley Funding News - Week of December 4, 2023. Together AI Raised $102.5M Series A

I cannot believe it's December already!  Time really flies! This week I will be heading back to Hong Kong and will be speaking at FII (the new Davos) in my hometown. 

Here are a few great things to read/watch this week:

• 🦉 Remembering Charlie Munger - I love listening to him on different topics in life and in business, here are a few of my favorite moments:
  • Charlie on Elon Musk
  • Charlie on Simple Rules for Happy Life
  • Charlie on Bitcoin
  • Charlie on ChatGPT
• 😮 Elon Musk on Advertisers, Trust and the “Wild Storm” in His Mind - There's a lot in this interview with Andrew Ross Sorkin besides just the f-bombs, that also provides food for thought (economy of the space industry, X and car industry), lunacy or just Elon-Being-Elon. Watch here
• 🏝️ Edith on OpenAI Situation - I spoke with CNBC on the OpenAI situation last week. Founders often underestimate the value of a good board.  A board is not there for good time, but is really designed to be there to do the right things during bad times. A poor board composition could be a ticking time bomb for any company. Watch here.
• 🛠️ Data on when 30+ startups hired their first product manager - Including who they hired, how many employees, and engineers that they had at the time, and the backgrounds of the first PMs and founders. Read here
• 🌉 Will San Francisco's real estate market be saved by AI Startups? - Super interesting study by JLL.  The majority of tech sublease space for San Francisco is located in the South Financial District. Tech jobs are forecasted to increase to over 300K by 2028 despite recent local layoff announcements. 

         
This week a total of 7 startups raised $217M in funding, 0 M&As: 

• $195M goes to 5 Enterprise startups
• $9M goes to 1 FinTech startup
• $13M goes to 1 Manufacturing startup