
Megan Lightcap
124 posts




TBPN has been acquired by OpenAI! The show is staying the same and we’ll continue to go live at 11am pacific every weekday. This is a full circle moment for me as I’ve worked with @sama for well over a decade. He funded my first company in 2013. Then helped us fix a serious logjam during a critical funding round a few years later. When I took my second company through YC, he was president at the time, and then when I joined Founders Fund, the first deal I saw in motion was the post-ChatGPT round in late 2022. And as we started growing TBPN last year, he was the very first lab lead to join the show. Thank you to everyone that has been a part of TBPN until now. The last year has been the most fun and rewarding part of my career and we’re excited to have more resources than ever going forward.

Elon's imminent Mega Co is basically the same principle as @mmlightcap's / @slow's creator fund: For certain entrepreneurs, discrete companies are intolerable constraints. The company structure puts them out of, rather than into, alignment with their capital partners. This is bad and requires new holding company approaches to capitalize and incentive their singular entrepreneurial abilities/assets. For Elon it's his attention + capital markets access, for creators it's audience. Same basic principle.

Today, we announce a pivotal win in the battle against AI-driven cybercrime. @outtake_ai has raised a $40M Series B, bringing total funding to $60M. This round accelerates our mission to build a high-trust internet. Our partners at @ICONIQCapital are leading this round, with participation from @CRV, @S32_VC, and other notable tech and security leaders with deep conviction in both the emerging digital trust category and Outtake’s approach. Angel investors include @satyanadella, @nikesharora, @BillAckman, @ssankar, @traestephens, @bobmcgrewai, @rauchg, and John Donovan. Trust in public digital surfaces is rapidly eroding as AI enables fast & high quality impersonations at scale. Outtake provides an enterprise-ready detection & response layer, to map their digital risks & entirely dismantle multi-channel campaigns. Behind it all is an incredible Outtake team of builders - this next phase is only possible because of the belief in a better future for the internet. If you want to build a better world - join us: jobs.ashbyhq.com/outtake

We’re backing Tayla Cannon: a physical therapist + creator building the future of modern rehab with Rebuildr. Tayla is pure high-output. She was seeing patients, making content, training, growing a community, and working in heart-failure research at the same time. And on top of that, she was trying to fix the broken U.S. rehab system she ran into after moving here from Australia. Read more about the investment in @mmlightcap's newsletter and @DominicMadori's article, link in replies.



post you and your celeb lookalike :-)


🚨 ANNOUNCEMENT: Today I’m excited to announce we’ve closed a major investment to build the Disney of the creator economy! In 2017, on my way home from work I picked up a $100 mic from the Apple Store, went home, plugged it into GarageBand, opened my diary and started talking about the things inside it. I edited the episode (terribly) and published it as a podcast called “The Diary Of A CEO”. That decision changed the course of my life… 💡 That’s the day I became a “creator”. It cost me $100 and a laptop to start my own show and build my own audience in 2017. Thirty years earlier, in 1992 when I was born, I would have needed millions in funding, a warehouse full of broadcast equipment, and - most expensively - permission from network executives who controlled the only distribution channels that had any reach! WE NO LONGER NEED PERMISSION TO CREATE! 👊🏾 A seismic shift is underway in the “attention economy” and I don’t think most people realise how profound it is... When attention shifts from institutions to creators, everything shifts: how elections are won (as we saw in the last US election cycle), how society is shaped, how companies are built (funds are now investing in distribution not ideas), and how capital is allocated (we’re seeing the rise of creator-investors / funds). The new centre of gravity is not the institution, it’s the individual creator. 🏰 For the last century, companies like Disney demonstrated the power of a single piece of intellectual property. 🐭 They built a global empire by taking a character like Mickey Mouse and building a universe around him - films, theme parks, and merchandise. 💸 This created a flywheel of immense, compounding value which changed the course of the last century. We are building the modern version of this model. But in our world, the IP is not a fictional character. The Creator is the new franchise. Our mission is to turn individual creators into global brands with the same scale and impact as Disney - but in the modern internet era. We focus on three core pillars: Creator Media (like The Diary Of A CEO), Creator Ventures (their products and companies), and the Creator Technology (like Flightcast) that powers it all. We’re already powering some of the world’s most exciting creators and today we're announcing a major 8-figure strategic investment into Steven . com at a $425m valuation that brings some of the world's most forward-thinking investors and many of my favourite founders on board to build this future with us! Thank you to all of you for the support and encouragement over the years ❤️ and to my 100+ colleagues who are building this future alongside me. If you want to join us on this mission, please let me know below! 👇🏾

We're excited (and shocked) to announce that @yrechtman is being promoted to Partner. As an explicitly non-expansionary firm there generally is no defined ‘path’ to partner / we don’t really do that. But most great things are exceptions to hard rules



