Strictly VC

Newsletter Image

Messages

8/24/2023
7 : 44

A great day for Nvidia, major layoffs at Juul, and the SEC approves sweeping new rules for VC, PE and hedge funds

View in browser Top News The Securities & Exchange Commission today approved sweeping new rules aimed at overhauling the way PE, VC, and hedge funds deal with their investors. The agency voted 3-2
8/23/2023
7 : 34

A former OpenSea exec gets sentenced, Tiger Global takes some money off the table, and the rise of "screen apnea"

View in browser Top News The leading association of global chip companies is warning that Huawei is building a collection of secret semiconductor-fabrication facilities across China, a shadow
8/22/2023
7 : 34

Arm goes public with its paperwork, Snapchat conjures new AI features with Dreams, and a crumpled Ferrari worth $$

View in browser Top News It's the talk of Silicon Valley and beyond. Journalist Ronan Farrow dives into the US government's overreliance on Elon Musk and his numerous tech companies. Writes
8/19/2023
9 : 14

Bye, bye, "block"; Bain Capital dines out on a new restaurant; and new snafus for Cruise drive the outfit backward

View in browser Friday, hot damn. It's teen central over here as we segue into the weekend (sleepover). Before we shut it all down, we do have a StrictlyVC Download for you that we recorded earlier
8/18/2023
6 : 4

Jack dumps @jack, Instacart could IPO next month, and why OpenAI may soon be asking, "Et tu, Microsoft?"

View in browser Top News The SEC said in a notice late yesterday that its five-member panel will vote next week on a rules package governing PE, VC, and hedge funds that could significantly alter the
8/17/2023
11 : 14

Updated Privacy Policy

View in browser Hello! StrictlyVC, LLC has updated its Privacy Policy, which can be found here. Our updated Privacy Policy will go into effect on August 18th, 2023. If you do not wish to accept this
8/17/2023
7 : 24

Founders reportedly struggle to lock down chips that are critical for their AI startups; “there is literally no capacity”

View in browser Top News TikTok's user base continues to shrink amid government workers. In the latest development, New York City is banning TikTok from city-owned devices and requiring agencies to
8/16/2023
6 : 44

Household wealth shrinks in the U.S., a change to drive subscriptions on X, and a longtime partner returns to IVP

View in browser Top News Elon Musk's social network, X, formerly Twitter, has made X Pro — which was previously known as TweetDeck — a subscriber-only product. X announced last month that the
8/15/2023
7 : 14

Saudi Arabia and the UAE are *also* reportedly buying up thousands of high-performance Nvidia chips

View in browser Top News The $900000 AI job is here. Testimony from Sam Bankman-Fried's trusted inner circle will be used to convict him, prosecutors said today. Michael Burry, the famous "Big
8/14/2023
11 : 55

Chinese internet groups reportedly race to stockpile Nvidia chips out of fear that their window is closing

View in browser Top News US President Joe Biden escalated his confrontation with China today by signing an executive order banning American investments in key technology industries that could be used
8/14/2023
11 : 24

Fearless Fund preps for battle, a major decision in the world of self-driving, and Linda Yaccarino goes on the offensive

View in browser Top News Fearless Fund came out fighting today. Gathering reporters from numerous outlets at a press conference in New York that was also streamed live via Zoom, two of the Atlanta
8/14/2023
10 : 55

SBF is off to jail, Mark Zuckerberg again calls B.S. on Musk's claims, and AI nannies (really?)

View in browser Friday! [Prepares to magically disappear.] We didn't talk with a guest this week for StrictlyVC Download; instead, Alex and I dived into a handful of news stories that we kind of
8/8/2023
6 : 34

Neuralink secures moolah, a top Tesla exec resigns, another setback for that Figma deal, and shades of Stefon

View in browser Stay safe, East Coast readers. Top News Elon Musk is clearly enjoying the prospect of a proposed cage match Mark Zuckerberg more than keen to actually get in a ring with him for a head-
8/5/2023
6 : 54

An FDA-approved pill for postpartum depression, another Nikola CEO steps down, and SF tires of self-driving cars

View in browser Friday! We're just back from the last of our summer travels. ⛱️ (We were facing a use-it-or-lose it situation tied to some vacation hours; if only we were forced to hightail it out
8/4/2023
6 : 34

Earnings by the dozen, Triller's IPO dreams, and USV marks down its funds in a sign of what could be next for other firms

View in browser Top News Hello! Apple, Amazon, and Coinbase were among others to announce their latest earnings today. Some quick notes: Apple's services revenue, including from Apple TV and Apple
8/3/2023
8 : 24

The official end of the virtual events craze 🪦

View in browser Top News US Department of Justice officials are reportedly considering fraud charges against crypto exchange Binance, but federal prosecutors worry that if they indict the outfit, it
8/2/2023
6 : 14

Meta chatbots, a Barbie hoax, and Apple cops to issues with its parental controls

View in browser Top News In response to a law passed last month requiring internet giants to pay news publishers, Meta Platforms has begun the process to end access to news on Facebook and Instagram
8/1/2023
5 : 34

MrBeast sues a business partner, a way to turn roads into EV chargers, and an IPO for Birkenstock (maybe)

View in browser Early August vibes. . . Top News X, as Twitter is now known, erected an X sign atop its San Francisco headquarters Friday night, only to have to take it down after complaints from
7/29/2023
6 : 14

VanMoof's woes spread, prosecutors want to revoke SBF's bail, and a look at how Netflix's tech feeds its success

View in browser Last weekend of July. ☀️ Hope yours is a fun one. As we type, we're visiting with family in the Midwest, where the weather gods are keeping things interesting: Sunny! Rainy. Dry!
7/28/2023
6 : 44

Sequoia cuts back its crypto funds, Tesla deals with range inflation, and Surf Air nosedives on stock debut

View in browser Top News Sequoia Capital pared back the size of two major venture funds, including its cryptocurrency fund, as part of a dramatic downsizing amid the broad startup downturn, the WSJ