Raja Doddala 🇺🇸

Ukraine’s ballistic missile industry is being reborn. A film producer, an architect, and an IT engineer founded Fire Point in 2022. Today their weapons strike targets 3000 km deep inside Russia — United24. 1/

New York is about to make a massive mistake. The NY State Senate is advancing a proposal to decouple from federal QSBS (Section 1202) — the tax provision that lets startup founders exclude gains on qualifying exits. If this passes, founders would owe 10-13% in combined state and city tax on exits that are tax-free at the federal level and in nearly every other major tech state. Even worse: it's retroactive to January 1, 2025. This comes right as the federal government just expanded QSBS benefits and New Jersey moved to full conformity. New York wants to go in the opposite direction. As a seed investor in NYC who has backed hundreds of companies, I can tell you: founders are mobile. If New York becomes one of the most punitive states for startup exits, the best founders will simply build somewhere else — and the jobs, tax revenue, and innovation will follow. NYC has built something special over the last two decades. This proposal puts it all at risk for a short-sighted revenue grab. If you're a founder, investor, or anyone who cares about the NYC tech ecosystem — please sign the TechNYC open letter before Monday below 👇🏾👇🏾👇🏾 Keep building, NYC 🗽

This is the problem in VC today. But, the mega VC's response to this is "you're not thinking big enough, most big exits over the next decade will all be in the trillions"

⚠️Ukrainian instructors sent to assist in the Middle East are shocked by how the US intercepts targets, according to The Times According to Ukrainian officers and instructors from the Ukrainian Armed Forces, who were involved in the defense of the Gulf countries, "the US launched as many as 8 Patriot missiles at a single enemy target, each costing over 3 million dollars," and also: "I don't understand what they were doing, what they were watching for four years while we’ve been at war."

Some people at frontier AI labs told me they believe startups are over. OpenAI, Anthropic, Google, xAI will absorb every industry as AGI nears. Coding today, science, medicine, and finance next. Then everything else. If they’re right, that’s a pretty boring end of the world.

the default yc round this batch (W26) seems like 4m on 40m I remember when I first started in venture exactly three years ago (W23 batch) and most venture ppl were complaining about YC pushing their founders to do 2m on 20m in 3 years the market went from a very begrudging 2 on 20 to a more neutral 4 on 40 interesting to think about where things land 3 years from here

PRICE DOESN"T MATTER AT EARLY STAGE 800+ investments over 20 years have taught me one thing: price is irrelevant at seed/A round, as long as it's below a "reasonable" number (which is a function of geography / space). If it's a great company, your entry price doesn't matter. if it's not good/great, your entry price doesn't matter either.

"If you’re an administrator making decisions that ultimately diminish Test cricket’s standing, the Australian public will never forgive you.”

JUST IN: OpenAI reportedly planning major strategy shift to refocus the company around business users and “vibe coders”

DSA is going to Cuba! 20 DSA members are joining the Nuestra America Convoy this March 21st. We’ll bring much-needed material aid, volunteer our labor in solidarity, and show the world that Cuba is under siege, but they are not alone.

Announcing Copilot Cowork, a new way to complete tasks and get work done in M365. When you hand off a task to Cowork, it turns your request into a plan and executes it across your apps and files, grounded in your work data and operating within M365’s security and governance boundaries.