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AI Arrives
AI AND VENTURE AI has Arrived Earlier this week Sequoia released a new essay, Generative AI: A Creative New World. It lays out 4 areas where generative AI could unlock breakthrough products: Text, Code, Images, and Video. Sequoia seems to believe that generative AI will be the next great tech wave and that now —…
Read MoreRobinhood’s New Web3 Wallet—FTX Wins Voyager’s Assets
Robinhood’s new Web3 Wallet This week Robinhood announced that the Beta version of their Web3 Wallet is now live. It is available to 10K users that joined a waitlist back in May, and the first blockchain supported by it is Polygon, but it is expected to become a multi-chain wallet in the future. Features available…
Read MoreEnvestnet’s Plan to Keep Up With Consumer Behavior
Are you familiar with impulse purchases? It’s the moment you’re in a store’s checkout line, and you see all the little goodies on display. You grab it. You buy it. You didn’t even think twice about it. This is an example of how stores leverage human behavior to induce impulse purchases right in front of you to make more money. …
Read MoreSlotting fees come to Michigan, Ascend’s exec team reorganizes after CEO arrest
Slotting fees enter Michigan’s market Slotting fees are becoming increasingly popular in cannabis, and Michigan is the latest state to join the trend. Slotting fees are sometimes called a shelving fee or slotting allowance. It’s a normal practice in traditional retail. Brands pay retailers for shelf space – or a premium spot on the shelf. …
Read MoreIs YC the Greatest Investor Ever?
Good afternoon! With the news that Garry Tan is taking over as CEO of Y Combinator we’re diving into the history of Silicon Valley’s most successful startup accelerator and asking the question: Is Y Combinator the best performing investment management firm of all time? Plus, Stable Diffusion unleashes generative AI, Peloton revenue is down 28%, and Andreessen Horowitz…
Read MoreKim Kardashian Takes PE
PRIVATE EQUITY Kim K Takes PE Kim Kardashian and Kris Jenner have launched a private equity firm with Jay Sammons, a 16-year veteran of The Carlyle Group, one of the world’s largest PE mega-funds They haven’t announced a fund size yet and are actively raising but we can assume Skky Partners will invest in consumer…
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