shan sinha

Yes, we are actively investing. In fact, today we announced @bloombergbeta has a new fund to invest – our fifth. Startups keep evolving, faster than ever, and we know the best way we can support them is by staying steady, a constant on which they can depend. So our new fund is the same as the previous ones. --- Though it’s our first new fund in a world after generative AI, vibe coding is everywhere, engineers keep getting faster thanks to that AI, and AI startups hit revenue records all the time... We're doing what we've always done. We still… > Want to serve extraordinary founders who define the future of work. > Put #foundersfirst. > Invest as early as day zero, and as late as our up-to-$1M-or-so first checks allow (i.e., pre-seed and seed). > Define the "future of work" to extend beyond productivity tools, to how work can serve everyone. > Commit to making the startup world welcome to people of all backgrounds. > Invest from a $75M fund. Our three equal investing partners: @karinklein (who continues to run the "Acela corridor"), @jamescham, and me. (Well, we did recognize that @AngKMartin is a partner -- because we need operations to be great as investors.) Modeled on Bloomberg LP, we still aspire to be the most transparent investors. And we're here whether the market goes up or down. None of that has changed. Same as 2022, same as 2019, 2016, 2013. --- What’s different is… well… we’ve got more evidence we’re right where we like to be: > 93 founders we’ve backed have become millionaires — and 24 of those have made $10M or more > Founders we’ve backed have gone on to raise more than $10B > 10 startups we’ve backed are worth more than $1B (Flexport, Replit, MasterClass to name a few!) > Startups we back outperform — worth $24M more at next round We’ve backed extraordinary founders like @Replit’s @amasad and @HayaOdeh and @Flexport’s @typesfast, where we were the first VC to say yes to both companies, along with companies like @AirspaceIntel, @CampusGrad, @MadeWithCapsule, @LambdaAPI, @LaunchDarkly, @MasterClass, @Netlify, @ShieldAITech, @weights_biases (just acquired by @Coreweave), and more. We’ve also been busy since last time, but since X (in which we are small shareholders after they acquired Laskie) may penalize me for links, I won't tell you that here :) Go look at the one named after a color and what's in the air for that one. Our firm is more than our partners and today, our team includes @AngKMartin, @loriberenberg, @amytam01, @KB2o22, @moraaonyonka (and assists from @megmbolger!). We of course remain close with those who have worked on our team, including @shivon @strickland_dan @theamberyang @minney_cat @harleysugarman @sydneyjtiedt @lisawehden @ShainaConners @morganpolotan @cody_mccauley among others! --- And we’re forever grateful to @MikeBloomberg, a founder backing us so we can back more founders. Cycles continue! We want to be the first text for early-stage companies, partners through your journey, working with winners. If you know a founder who’s a great fit for us, please share this! "Yes, we're actively investing."

Huge kudos to the @coda_hq team for launching Coda AI into open Beta today. What a big milestone! A short story: Early on in the product’s development, I asked them for their one-liner to describe their vision of Coda AI. We often approach new features or launches by “starting with the Tweet” as a way to clarify a POV. Their one-liner: Writing assistants make content. Coda AI makes progress. Honestly, I’m not sure I could sum up the potential of Coda AI any better than that. Coda already empowers teams to do their best work, and the way our AI team incorporated the product into Coda docs and tables will enable our customers’ best work to scale. I encourage you to take Coda AI for a test-drive to see what it can enable for you. And when you do, please let me know what you think! You can get started here: coda.io/ai

.@DavidSacks: "Let me tell you who the big winner is going to be if we don't do the simple policy I'm talking about — it's the big banks. Because the fed has now created two categories of banks, there are the big four banks which they have deemed to be what they call systemically important banks (SIBS). Those were the ones who were bailed out in 2008, and the fed has actually made it official that they are too big to fail. So if you put your uninsured deposits above $250,000 in those SIBS, you can't lose your money, but if you put money above $250,000 in a regional bank, you can lose your money. It's at risk if that bank fails. Basically, you are making an unsecured loan to that bank, but that's not what anyone wants to do; they just want to open a checking account. So what we are on the path to doing here is creating a two-tiered system where only the biggest banks are safe, and the regional banks are not safe. I want to make the regional banks safe. I want to do it right now. I want to let the country know that regional banks are safe. I want to stop any potential for bank runs. If we don't do this, we are going to be left with four big banks who are run by politically connected figures who are basically the guys who are cozy with Washington and Davos."

Kudos to @RoKhanna. Every word of this is true. Decisive action is needed to protect the regional banking system. The run on other banks has already started.

@VivekGRamaswamy You are just so off base, and losing all support from people you need for a viable campaign.