The VC backlog is clearing. IPO pipeline is filling (both upround and downround IPOs) and M&A is on 🔥 - both strategic deals at great valuations and distressed deals where VCs getting 50% to 100% of $$ back. The 2 year lag to the public market correction is here. 🙏🏼👊

1/ At Arc, Sequoia Capital’s company-building immersion for pre-seed and seed-stage founders, we break down foundational topics into easily digestible frameworks for founders to apply to their own companies. We start with PMF. sequoiacap.com/article/pmf-fr…

This was Zomi in Pakistan….like so many other missions….always a brave soul….an Angel….
Dear Zomi I have no words….but I promise you, your spirit will always be with us…we will always feed people, with love and kindness….you made all of us better…..You made invisible…

Bravo ⁦Garry Tan 💥♻️ e/acc⁩. Super impressive seeing his commitment and early progress in SF. It’s crazy that it’s any bit controversial… nytimes.com/2024/03/29/bus…

V grateful to The Information for including me and to all the founders who gave me the opportunity to work with them 🙏

Midjourney finally released their consistent character features!

You can now generate images w/ consistent faces, hair styles, & even clothing across styles & scenes

This has been the top requested feature from the community for a while now

Some examples & how it works:

Have a long flight so time to do a thread on a question I get in some form at least half dozen times a week

Where will value accrue in AI from here

Think: foundation models, apps, middleware, full-stack blah blah blah etc

Living in Europe now I can emphatically confirm

Wow. First major datapoints I’ve heard from a company about staff impact potential and wow.

So awesome to see sara beykpour Marcel Molina working together again and building a product I want to use. Loved working with these two and can’t wait to try it out

techcrunch.com/2024/02/26/for…

Just hit #76 in App Store Top Charts for Finance! Still climbing! We’re above incumbents like TD, ETrade and more…

After sitting with our legal team to parse through the fine print of Apple's DMA announcement (that took a while), which is, at best vague and misleading, I wanted to share my thoughts. 

While Apple has behaved badly for years, what they did yesterday represents a new low, even…

🚋 Energizing to meet with our Moxxie Ventures portfolio, co-investors and friends, especially in beautiful places. Special 💚 for team Overstory Fiona Spruill and Ryan Sarver!

Subject: Lenny wants you to be on his podcast!
Me: omg 🎉

Body: Hey tom! I want to do an episode on epic fails and everyone says you're the guy.
Me: 😳

(in all seriousness, this was super fun. thanks for having me on Lenny Rachitsky)

The problem we have in AI right now is not that it’s getting too powerful, it’s that it’s not nearly powerful enough. Very little has changed thus far because of AI, and won’t until models get faster, cheaper, more accurate, and more “intelligent”. Building safe AI is insanely…

What has happened to The New York Times?

AI is intrinsically linked with capital. The term 'capitalist' keeps getting used as a pejorative, but it's these investors who make AI advancements possible and the significant societal benefits that AI will bring