SandHill.io aggregates and shares the latest investment themes, market insights, and best practices for operating and investing from 700+ VCs, analysts, and operators.

This newsletter curates a selection of posts featured on the website each week.

Investment Themes, Theses, & 2025 Outlooks

• Five Predictions for AI in 2025 (Vivek Ramaswami & Sabrina Wu, Madrona)

• A Look at 2025: Projections (Energize Team)

• 2025 Predictions (Costanoa Team)

• Our 2025 Predictions: AI, space policy, and hoverboards (Ascend Team)

• 10 AI Predictions For 2025 (Rob Toews, Partner @ Radical)

Industry Developments & Analyses

• The state of the AI Agents ecosystem: The tech, use cases, and economics (Insight Team)

• A new world built around clean energy (Andrew Beebe, MD @ Obvious)

• The Off-Price Edge (Chelsea Zhang and Sophia Dodd, Equal Ventures)

• Unwrapping OpenAI’s o3 (Janelle Teng, VP @ Bessemer)

• 2024 Year-End Review: Health and Wellness Industry (Jessie Harris, VP @ TXV Partners)

• 2024's hottest open-source projects from startups (Astasia Myers, GP @ Felicis)

Guides, Case Studies, and Best Practices for Operating

• The Founder GTM Handbook (Akash Bajwa, Principal @ Earlybird)

• 2025 Predictions: 3 Ways AI Will Change GTM Next Year (Liz Christo, Partner @ Stage 2)

• Splitting spend: How to allocate your 2025 budget across OpEx categories (Edi Danalache, VC @ Scale)

Additional Reads

• A Misfit's Journey to Greatness (Mike Maples Jr., GP @ Floodgate)

• The Power of Compounding (David Beisel, GP @ NextView)

• The Unknown Known (Euclid Ventures Team)

• A VC Firm Can Be Either a Partnership or a Collection of Partners (Hunter Walk, GP @ Homebrew)

• Top angel investors in the U.S. (Lenny Rachitsky)

• Enterprise Seed VC Funding Napkin (At Year 4/5 of Deployment) (Preface Ventures Team)

• Headwinds, Tailwinds, and Crosswinds Ahead for Rising Startup Ecosystems (David Hall, MP @ Revolution)

• AI's Hourglass Figure (Rob May, GP @ Half Court Ventures)

Resources & more

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