Vincent Timoney

And at the watch party you will ask the organizer if he’s from Cape Verde. He will say yes, from Praia. And you’ll say oh! I lived there for two years. I was a teacher. And he will ask, “What’s your name?” You will tell him and he will say, “You were my teacher.”

𝗢𝗻𝗲 𝘁𝗵𝗶𝗻𝗴 𝗜’𝗺 𝗻𝗼𝘁 𝘀𝘂𝗿𝗲 𝗶𝘀 𝘁𝗮𝗹𝗸𝗲𝗱 𝗮𝗯𝗼𝘂𝘁 𝗲𝗻𝗼𝘂𝗴𝗵 𝗶𝗻 𝗩𝗖 There is a massive amount of potential liquidity coming back to venture funds over the next several quarters and years. Between SpaceX, Anthropic, Wiz, Groq, Ramp, Databricks, OpenAI, Cursor, Anduril, Stripe, and others, we could see a monster wave of liquidity in the coming quarters/years. And a lot of that liquidity is likely to accrue to a relatively small number of firms and it will be a major validation moment for the best firms that had the conviction and access to build meaningful positions in these companies. It also can't be ignored that it will likely create extraordinary personal wealth for a number of GPs, especially the senior partners at the firms with the largest exposure. In some cases, this could be 9- or even 10-figure outcomes for individuals. Historically, when that has happened, some GPs, quietly start to hang up the cleats. Not always immediately, but the wheels start to move, and after 10, 15, or 20 years in the seat and combined with generational wealth, some people naturally reassess what they want the next chapter to look like. That makes succession one of the more interesting under-discussed topics in venture right now. For the firms that are about to be “minted” by this cycle, the next question may not just be how much capital they return, or how large the next fund is. It may be whether they can successfully transition leadership to the next generation. Some firms have done this incredibly well. Benchmark has repeatedly reinvented itself through new generations of partners. Kleiner, after a long transition period, brought in new talent and re-established itself as a leader. Others have found it much harder over time. I don’t know exactly how this plays out, but I would not be surprised to see another wave of senior GP step-backs over the coming years.

Mark your calendars for July 4th and the United States’ 250th birthday!  For only the third time in history, fireworks will launch directly from the towers of the Golden Gate Bridge this July 4th. The firework show is set to begin around 9:30pm. We want everyone in San Francisco and the Bay Area to come to our city and enjoy the free show along our amazing waterfront.  Plan ahead, take public transit, and make a night of it by exploring our neighborhoods, restaurants, and small businesses before the show. For more info, visit Sf.gov/july4. Let’s go, San Francisco!

Citizens Bank's CEO believes his bank is in a "sweet spot" to lure a certain kind of Bay Area tech company. bizjournals.com/sanfrancisco/n…

30 more seconds of airtime and Kuip would’ve started cursing. Didn’t even try to pass it to Krukow for his final thoughts, lol. #SFGiants

@ESPNPR @SuperBowl @ESPNNFL @Disney @santamonicacity @espn @NFL @nflnetwork @AdamSchefter @RapSheet @dan_bonato @bstites

ESPN is bringing @SuperBowl week to SoCal's coastline Ahead of #SBLXI, ESPN will establish a significant presence at Santa Monica Beach & its iconic Pier for live TV, fan activations & much more Details on @ESPNNFL, @Disney & @santamonicacity's collab: bit.ly/49Ks7Ng

In this market, we @ForerunnerVC don't hire for roles, we hire people. We're looking for someone extra curious, who loves a challenge, and has excellent character. A dream opportunity for someone eager to step up! app.onliftoff.com/s/q1lBL3

@zalzally @ryajetha congrats Zal!

Today, I'm announcing Refactor 5! 🎉 Another $50M backing seed-stage hard tech founders. New site and article from @ryajetha at Business Insider (links below). 5 funds. 10 years. ~$300M AUM. 1 employee. Thanks to the founders who've trusted me with their companies these last ten years. And to the LPs who keep backing me fund after fund. Aerospace, bio, critical materials, energy, robotics. Most have AI at the core. Some call it physical AI. I'm old school. I just call it hard tech. 😎 I'll bring R5 online next year as I keep investing from R4. Founders, hit the Contact page or DM. #BetterCallZal @refactor

🗽We are hiring for an Associate to join us in New York @xyz_vc. "I want this to be the best job you ever have." Those were the words that @robhayes told me when I took my first job in venture. Are you looking for your best job? Are you insanely curious about what the future looks like and who is building it? Are you obsessed with the future of technology and how the world will be different in 2, 5, 10 years? Come join our incredible team to find and fund the future 🎉

In 1982, this 63-year-old San Francisco native described a version of North Beach he grew up in that doesn’t exist anymore. His name was Dante Benedetti, and he was born and raised in North Beach. He owned a restaurant there called New Pisa, which existed from 1927 to 2003.

@thehousefund @depthfirstlabs @andreamichi And by the way, they're hiring: #careers" target="_blank" rel="nofollow noopener">depthfirst.com/company#careers

Number of 90°+ days in March: 1937-2003: 1 Day 2004-2025: 12 Days 2026: 12 Days

we love the AI scientific discovery category i really believe llms are going to make insane future scientific discoveries last yr ppl still wondered if llms were stupid next token predictors. glad we are over that. dm me or @hunterharloff if you're building in the space

Ondřej Satoria, a Czech electrical worker, received a standing ovation at the Tokyo Dome after throwing over 4 scoreless innings against Japan 🙌 This was the final WBC game of his career 🥹 (via @wbcbaseball)

I want this!

@thefinstailgate @FBGreatMoments Trey Lance

@PeterJ_Walker are those global numbers or US?

$110B is kind of a big round. That's at least 50% of all US VC-backed company fundraising in 8 out the last 11 years. (not sure we should count this as VC, is what I'm saying)

The pandemic fundamentally broke a multi-decade alliance and relationship of trust between teachers’ unions and parent voters. With declining enrollment, it won’t be reparable for more than 1-2 decades and I’m not sure anyone has fully processed what this means politically.

@brezina @garrytan Maybe we need single payer healthcare for all so this is no longer an issue

SF Schools spend $40M/year on RETIRED teachers’ healthcare benefits! The district is in union-created doom loop of shrinking attendance and ballooning costs.