AI is Eating Software💡, $10 Million Cloud Savings ☁️, Tunguz 'the year of LTV'💰

and

Oct 26, 2024

If you're ready for practical, no-nonsense guidance, The Founders Corner is the newsletter you’ve been waiting for…

“Our Cloud Exit Savings Will Top $10 Million Over Five Years “ ☁️
David Heinemeier Hansson (DHH) discusses the financial benefits of exiting the cloud and how Hey.com’s move back to on-premise infrastructure will save over $10 million in the next five years.
2024 Accel Euroscape: AI is Eating Software 💡
Accel’s Philippe Botteri provides an analysis of the current state of the European tech landscape, highlighting how AI is transforming the software industry and reshaping business models.

CAC is the New CapEx: EBIT-CAC Should Be the New EBITDA ⚙️
General Catalyst argues that Customer Acquisition Cost (CAC) is becoming the new CapEx for many companies, and suggests that EBIT-CAC should replace EBITDA as a core financial metric.
Market Map of VC Investors in Data Infrastructure and AI 🧠
PitchBook shares an in-depth market map of venture capital investors in the data infrastructure and AI sectors, offering a detailed look at who is driving innovation and investment in these key areas.

Annual Planning Sucks? A CPO, CRO, CFO, and COO Share How to Make It Better 📅
First Round Review gathers insights from top executives on how to improve the dreaded annual planning process, offering actionable advice from a CPO, CRO, CFO, and COO.

Why LTV Matters More in 2024 💰
Tomasz Tunguz explains why Lifetime Value (LTV) is becoming an even more crucial metric for businesses in 2024, particularly in the context of changing market dynamics and customer acquisition costs.

State of Fintech Q3’24: Deal Volume Hits 2017 Lows 📉
Fintech deal volume has reached its lowest point since 2017 as investors shift their focus to emerging opportunities in other sectors, according to CB Insights' Q3 2024 report.

Speedinvest and Target Partners Team Up for New VC Fund 🚀
The Munich-based fund will invest in 'boring' startups in AI infrastructure, developer tools and security
Portugal Proposes Tax Breaks for Young Workers to Combat Brain Drain 💼
Portugal has proposed a decade of tax breaks for young workers in a bid to stem the country’s brain drain, aiming to retain talent and reverse the migration of skilled labor abroad.
TikTok Sets Aside $1 Billion for European Data Privacy Fines 📱
TikTok has allocated $1 billion to cover potential fines related to European data privacy regulations as the platform faces increasing scrutiny over user data practices.

Basecamp Research Raises $60M in Series B 🧬
UK-based Basecamp Research has secured $60 million in Series B funding to expand its biotech research and innovation, focusing on harnessing data for ecosystem restoration.
10M People Join LinkedIn’s Freelance Services Marketplace 🛠️
LinkedIn has reported that 10 million people have signed up as freelancers on its services marketplace, signaling a shift in how professionals seek work and showcase their skills.

Monzo’s Valuation Hits $5.5B Amid Employee Share Sale 📊
Monzo’s latest internal employee share sale has valued the company at $5.5 billion, reflecting continued confidence in the fintech’s growth prospects.

Thanks for reading The Founders Corner! This post is public so feel free to share it.

Elon Musk: “Patents Are for the Weak” 📜
Elon Musk doesn’t hold back when it comes to patents. He argues that patents are not protecting innovation but rather hindering it. Do you agree with Musk’s take on patents and progress?
VC Firm Hierarchy: How It Really Works 💼
Ever wonder how VC firms operate? This post breaks down the hierarchy and the roles involved in driving startup success, from analysts to managing partners.

AI’s Impact on Geopolitics and Product Innovation 🤖
In this interview, Marc Andreessen explores how AI is reshaping product categories and impacting geopolitics, biology, and defense.
Imagine speaking without saying a word. Sci-fi? Not anymore 🧠
Patients with ALS who haven’t spoken in years are now able to communicate again. Seeing it in action is absolutely jaw-dropping

The Future of AI in SaaS Sales with Henry Schuck, CEO of ZoomInfo and SaaStr CEO Jason Lemkin 🗣️
"If you hire a magnet, then the talent just flocks to it. Don’t worry about B players. Just hire A leaders."

Forbion Raises Over €2 Billion for Two New Funds
Forbion has raised more than €2 billion for two new funds, focusing on life sciences and healthcare innovations across Europe.
Gate.io Launches Cryptocurrency Venture Capital Fund
Gate.io has launched a new venture capital fund dedicated to supporting cryptocurrency and blockchain startups, marking a major move in the growing digital asset space.
RW3 Ventures, Mubadala, and Raptor VC Launch New Crypto Fund
RW3 Ventures, Mubadala, and Raptor VC have launched a new cryptocurrency and blockchain-focused venture fund, targeting the next generation of digital assets.
Cisco Launches $1B Global AI Investment Fund
Cisco has announced the launch of a $1 billion global AI investment fund, aimed at accelerating AI innovation and growth in various industries.
Nordic Entrepreneur-Led VC Firm Node VC Closes €71M First Fund
Node VC, a Nordic entrepreneur-led venture capital firm, has closed its first fund at €71 million, focusing on early-stage startups in the region.
Marc Andreessen and Sequoia Back Kearny Venture Partners in New Fund
Kearny Venture Partners has secured backing from Marc Andreessen and Sequoia for its new fund, which will focus on transformative startups in healthcare and technology.

The Founders Corner