With AI, investor loyalty is (almost) dead: at least a dozen OpenAI VCs now also back Anthropic |EXCLUSIVE:

With OpenAI on the verge of finalizing a new $100 billion round, and Anthropic just closing its own monster $30 billion raise, one thing is clear: the concept of investor “loyalty,” is only hanging on by a thread.  At least a dozen direct investors in OpenAI were announced as backers in Anthropic’s $30 billion raise … Read more

This VC’s best advice for building a founding team|EXCLUSIVE:

One of the most consequential decisions early-stage founders have to make is who they will bring on as their founding team. The first five to 10 employees will have a massive impact on the company culture, and the precedents set with them are difficult to change down the road. That’s why this season on Build … Read more