Chapter One

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Chapter One

Chapter One

@chapterone

Technology investment firm for product-obsessed founders. Built by operators from X, Tinder and Robinhood.

Katılım Ekim 2016
99 Takip Edilen22.9K Takipçiler
Chapter One retweetledi
Zaid Rahman
Zaid Rahman@zaidrmn·
Today, @FlexSuperApp, raised $70M Series B1 to launch The Full Financial Home for Business Owners. Making Flex officially a unicorn. Led by @RyanQualtrics and @ryanjsweeney’s @halo_fund, with participation from existing investors. And we're introducing Flex Global.
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Jeff Morris Jr.
Quietly, then all at once. Everyone is now figuring out that @FlexSuperApp is building a massive company. I guarantee you this will be the first of many announcements like this. Congrats @zaidrmn & team, and thanks for letting me be part of it.
Zaid Rahman@zaidrmn

Today, @FlexSuperApp, raised $70M Series B1 to launch The Full Financial Home for Business Owners. Making Flex officially a unicorn. Led by @RyanQualtrics and @ryanjsweeney’s @halo_fund, with participation from existing investors. And we're introducing Flex Global.

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Jamesin Seidel
Jamesin Seidel@seidtweets·
World models are going to define the next generation of AI. They will let AI actually simulate and predict how the world works. And that is beyond powerful. But world models, like all models, need data, and real-world data is often the pain point: slow, expensive, hard to simulate. @gen_intuition has spent years building datasets to deal with this problem. Billions of gameplay clips, each one carrying the exact actions behind it - what the player saw, matched to what they did. The same foundation model that plays games can now pilot a physical robot. What it learns in virtual worlds carries into our physical world. They are a generational company, and we're so excited to be backing them. Congrats @PimDeWitte and team!! You all are true super geniuses.
General Intuition@gen_intuition

Announcing our $320M Series A at a $2.3B valuation, led by @khoslaventures, with @generalcatalyst, @ericschmidt and @JeffBezos. General Intuition is the frontier lab for acting in space and time. We build large action foundation models trained on billions of ground truth action-labeled gameplay clips from 17M monthly active users on Medal, and push the frontier of world models to generate infinite training environments.

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Jeff Morris Jr.
Jeff Morris Jr.@jmj·
Notes from Chapter One Investment Committee (June 29, 2026): 1. We’ve been debating pre-seed vs. seed more than usual. The gap in commercial progress between the two stages is often minimal, but the price difference is significant. We backed one company at a $7.5M post, and six months later they raised at $60M Same risk profile, very different entry. For a smaller fund, that ownership math matters a lot.
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nichy
nichy@0xnichy·
@paigeprstn real. funds and vcs are brands themselves and needs to communicate trust and expertise for people to want to take their money. @chapterone is dope.
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paige
paige@paigeprstn·
most funds communicate to look clever, early, exclusive, not to connect what people actually buy into (founders, LPs, the whole market) is people the future belongs to the firms and founders genuinely embedded in their communities, not the ones performing for them the hard part is doing that at scale, which is a systems problem, not a content one. engineer for deeper connection, not more output
Enara@enaraxr

x.com/i/article/2067…

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Jeff Morris Jr.
Jeff Morris Jr.@jmj·
We went through 100 pounds of crawfish in an El Segundo parking lot on a Friday night and honestly that’s the dream.
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Jeff Morris Jr.
Jeff Morris Jr.@jmj·
Last year we made an "exception" as an early stage fund to invest in the seed round of @gen_intuition. GI leverages Medal’s dataset of 2 billion videos to teach AI agents how to navigate space and time. What a fascinating company.
Pim de Witte@PimDeWitte

Today we're announcing our $320M Series A at a $2.3B valuation, led by @khoslaventures , with @generalcatalyst, @JeffBezos , @ericschmidt, @NicoRosberg, alongside leading researchers from frontier labs and academia.

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Ondo Finance
Ondo Finance@OndoFinance·
Real 24/7 trading for tokenized stocks is here. In a landmark first for the industry, the most popular Ondo tokenized stocks and ETFs can now be minted & redeemed anytime. While others have claimed 24/7 trading, this has only ever been for CEX or DEX transfers, with actual minting and redemption limited to traditional market hours. Now, tokenized stocks are truly trading 24/7: ✅ Overnight ✅ Weekends ✅ Public holidays The first wave of 24/7 assets are SPYon, QQQon, CRCLon, NVDAon, TSLAon, and GOOGLon, with more to follow. This builds on existing 24/7 permissionless transfers of Ondo tokenized stocks, moving the industry another step closer to the always-on onchain markets that will define the future of global finance. Live now on Ethereum & BNB Chain, with Solana coming soon.
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Ground
Ground@ground_onchain·
Introducing Ground, the Money Infrastructure Company, supercharging banking and finance. We have been quiet, building with design partners. Today, we launched out of stealth, alongside a $3.6 million pre-seed funding round, to embed onchain finance everywhere, starting with yield. Ground turns any stablecoin or cash balance into a yield-bearing balance through one API. One integration provisions wallets, deploys into configurable on-chain yield sources, and emits ledger-ready accounting your end-user UI and internal systems can use on day one. The bar is fintech UX, not blockchain UX. Yield should feel like a native balance feature, not a gas-and-retries engineering project. You pick allocations, set policies, and stay in control of funds. Ground hides blockchains and complex onchain mechanics. Built for any financial platform or asset manager like neobanks, fintechs, corporate treasuries, and wealth managers. Founded by fintech and digital asset veterans from @stripe, @SuperstateInc, @hifibridge, and @compoundfinance. Backed by @BainCapCrypto, @paraficapital, @nascent , @robotventures, @chapterone, and Consonant Ventures. - @rmcuming, CEO and @realsamyoon, CTO
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Jeff Morris Jr.
Jeff Morris Jr.@jmj·
Notes from Chapter One Investment Committee (June 23th, 2026): We're testing a format where we share some of the key topics from our IC. A few things we got into today: An AI seed fund might be the hardest strategy in venture today When I started Chapter One in 2019, a well-known seed investor gave us the data. The best seed fund in the world had an 8% hit rate on fund-returners. The second-best, 5% - one in twenty bets returns the entire fund. Which means even they needed 20 companies just to return the fund once. So when LPs ask for concentration and a fund answers with 20 names, all AI, that's not concentration. That's the minimum number of shots required. And those numbers come from simpler markets before AI. The picking is now harder and portfolios are more correlated at the same time.
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Ondo Perps
Ondo Perps@OndoPerps·
$1,000,000,000 Ondo Perps has surpassed $1 billion in cumulative trading volume per @DefiLlama, while in Public Beta. RWA perps are just getting started.
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Sid Yadav
Sid Yadav@sidyadav·
What if building your dream digital business felt as easy as vibe coding? Starting today, it does. Here's everything we announced at Circle Eclipse 🧵
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Jeff Morris Jr.
Jeff Morris Jr.@jmj·
Last week one of our early-stage defense companies in Hawthorne raised a heavily oversubscribed seed round, co-led by two Bay Area firms. We were the only institutional check in their pre-seed, and we doubled down. Another LA win, to be announced soon.
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mert
mert@mert·
some confused folks think I left SOL because I talk about not one but *two* coins now reminder: we run the no 1. validator, no 1. trading infra, no 1. dev platform, RPCs, & soon the no. 1 privacy protocol - on Solana the *only* Solana exclusive leading provider pls. trillions.
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Noah Fradin
Noah Fradin@noahfradin·
We built a tool to increase our Claude Code and Codex usage by 3x with the same spend. nerfguard.com It also saves us hours a day per person in time we’d otherwise be waiting around for model generation time. Today we're sharing it with the community.
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Jeff Morris Jr.
Jeff Morris Jr.@jmj·
Generational company. Congrats @kiwicopple, @AntWilson & team. Supabase is a relentlessly product-focused team that shows up every day and does the work. One of the most important AI companies of the future. Grateful to have backed them since the early days.
Paul Copplestone - e/postgres@kiwicopple

Supabase has raised $500M at a $10B valuation In this round we are giving @supabase employees the opportunity to cash out 25% of their vested options. We have done this in every round since inception. We do it as a “cashless transaction” so that employees don’t need to front any cash to exercise their options. This is the friendliest way we could design it until we can offer RSUs. On top of that, we give employees a 10 year exercise window: whether they stay or leave the company. The typical/default window is 3 months. IMO, equity is earned and employees shouldn't be penalized because they don't have the cash to exercise within 3 months of leaving a job (often that's the time they need the cash/certainty the most).

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