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Startup Digest Reading List - Metaverse, Creator Fund, M&A, Product Document Templates

Issue #164 — View online — Suggest a link
Startup Digest Reading List

A curated list of the top stories in technology, startups, and venture capital.

Last week, one of our portfolio companies, FTX, raised the largest round for any crypto exchange. Here are the highlights:
⛳️ FTX was founded in May 2019
💰 Raised $900M Series B at $18B valuation
♻️ $10B daily trading volume
📈 75X growth from 2020 (in volume)
👥 1M+ registered users
It’s been an honor to partner with FTX & Sam Bankman since their seed round. Congrats on the milestone!
————————-
Written by Chris McCann, General Partner @ Race Capital, former Greylock Partners. More about me.

Tech News Last Week
  • Facebook wants to become a “metaverse” company despite its multiple attempts at trying to do this before (Facebook Spaces, Facebook Horizon, etc.).
  • Restaurant workers are quitting their jobs at a record pace due to low pay, exhausting work, unreliable hours, no benefits, and rude customers. 
  • Square launched Square Banking, a business focused bank account. Checking accounts are handled by Sutton Bank which is surprising given it already has Square Financial Services internally. 
  • Twitter is killing Fleets, their ephemeral post feature.
  • Shein, the Chinese retailer, is the largest fast fashion retailer in the US. Wild.
  • Solana launched a $5M creator fund to onboard the next wave of creators to web3. Creators can apply here.
Deep Dive Posts
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This Startup Digest Reading List goes out to a wide membership base of founders, technologists, investors, and operators. Feel free to share with others, sign up here: https://startups.startupdigest.com/
Techstars Startup Digest Startup Digest Reading List is curated by:
Chris McCann Chris McCann - General Partner @ Race Capital, former Greylock Partners
chris@startupdigest.com
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Startup Digest Reading List - How the Financial System Works and VC’s pitching DAOs

Monday, July 19, 2021

If you've ever wanted to work in venture capital, our firm Race Capital is hiring our first director Startup Digest Reading List Issue #163 — View online — Suggest a link Startup Digest Reading

Startup Digest Reading List - Selling to Large Enterprises, Silicon Valley, and Algorithmic Stablecoins

Monday, June 28, 2021

Sam Bankman-Fried, founder and CEO of FTX (one of our portfolio company founders for Race Capital), t Startup Digest Reading List Issue #161 — View online — Suggest a link Startup Digest Reading List A

Startup Digest Reading List - DeFi Infrastructure, Dave Teardown, Kafka Explainer

Monday, June 21, 2021

I published a long form essay on the topic of Decentralized Finance (DeFi) Infrastructure and how thi Startup Digest Reading List Issue #160 — View online — Suggest a link Startup Digest Reading List A

Startup Digest Reading List - Credit Scores, Market Infrastructure, and the Best Projects

Monday, June 14, 2021

A HUGE congratulations to Solana including Anatoly, Raj, and the whole team - on their milestone of $ Startup Digest Reading List Issue #159 — View online — Suggest a link Startup Digest Reading List A

Startup Digest Reading List - Password Managers, Product Market Fit, Beyond MVPs

Monday, June 7, 2021

Written by Chris McCann, General Partner @ Race Capital, former Greylock Partners. More about me. Startup Digest Reading List Issue #158 — View online — Suggest a link Startup Digest Reading List A

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