Anthropic raising as much as $5 billion at a $170 billion valuation, with Iconiq leading the round. Scoop with new details by @shiringhaffary.bsky.social and @kateclark.bsky.social; more news to come: www.bloomberg.com/news/article...

some news: "The London-based company, which has raised more than $450 million, dropped its revenue estimates for the second half of 2024 by about 25%" www.bloomberg.com/news/article...

This newsletter on the face of it might look quite robust. But actually in extreme events it’s more and more fragile. www.bloomberg.com/opinion/news...

New: SoftBank is in talks to lead a $500 million investment in AI robotics startup Skild at a $4 billion valuation. t.co/FjwbbRNPaq

I wrote about Lightspeed’s embrace of AI megadeals, which have become a staple of the top-tier VC diet despite the risks. “It’s high-stakes poker,” said Sierra Ventures Managing Partner Tim Guleri. www.bloomberg.com/news/article...

People next to me are brainstorming how to find billionaire angel investors to fund their yoga startup so I know I’m back in SF.

SF for the week 👋

“There’s a lot of room for redefining what it means to be a social network,” said one Bluesky investor. Bluesky “is technically really innovative without being overly complicated.” https://t.co/nMb6L9JU9g

The app you're using raised $8 million this week. https://www.theinformation.com/articles/betting-on-bluesky?rc=kcsww5

I simply will not be tweeting from my instagram.

Hi :)