AI's ‘Race to the Bottom’📉, Sales Mistakes Founders Make❌, Is AI Killing Ads Revenue Model?📺

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Nov 02, 2024

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

The Greatest Sales Mistakes Founders Make ❌
Paul Gassee shares the top sales pitfalls founders face and how to avoid them for more effective growth and customer relationships.
Tech IPO Report 2024 📊
CB Insights presents their latest report on tech IPO trends in 2024, analyzing market dynamics, notable entrants, and the shifting landscape for public technology companies.

How An AI Bot Became a Crypto Millionaire 🤖
In this episode of "The Ben & Marc Show," Marc Andreessen and Ben Horowitz explore the story of Truth Terminal, an autonomous AI chatbot that went from an experiment to launching a meme coin valued at $300M.
VC Math: Making Numbers Work 🔢
A breakdown of venture capital math by Halle Tecco, examining the financial calculations behind investment decisions and portfolio strategy.

The End of Advertising? 📺
Exploring the changing landscape of advertising, this article delves into the challenges and shifts impacting how businesses communicate with consumers in a saturated media environment.
Lux LP Letter Q2 2024 💼
An insightful letter from Lux Capital providing perspective on the investment landscape and Lux’s approach to market shifts in 2024. Essential reading for understanding the LP side of venture.

EU Inc. Launches Pan-European Push for Tech Growth 🌐
The European Union initiates a comprehensive strategy to accelerate technology growth across Europe, aiming to position itself as a leading global tech hub.

Capital Gains Tax Reform Could Jeopardize UK Tech 💼
Proposed changes to capital gains tax in the UK are raising concerns among tech investors, potentially impacting the nation's tech ecosystem and its competitiveness.
Microsoft to Increase Stake in OpenAI Amid Restructuring 🤖
As OpenAI reorganizes, Microsoft is set to boost its investment and strengthen its partnership in AI innovation under a hybrid nonprofit-for-profit model.

Google Acquires Small Modular Nuclear Reactor Company Kairos Power 🔋
Google moves into nuclear energy to power its AI advancements, acquiring Kairos Power to bolster its energy solutions for sustainable AI infrastructure.
Lithuanian Unicorn Vinted Raises €340M, Reaches €5B Valuation 🦄
Lithuanian second-hand marketplace Vinted secures €340M, boosting its valuation to €5B and further advancing its mission in the circular economy.

Meta Fires Employee Over $25 Uber Eats Voucher 🚨
In a surprising incident, Meta dismisses a high-earning employee over a misused $25 meal voucher, sparking debates on corporate policies and employee rights.
Marc Andreessen Warns AI Model Makers on ‘Race to the Bottom’ 📉
Venture capitalist Marc Andreessen cautions AI companies against cutthroat competition, suggesting the drive to reduce costs may harm long-term business viability.

Bill Gates Loses High-Profile Lawsuit ⚖️
In a notable legal case, Bill Gates faces a courtroom defeat, attracting widespread media coverage and public interest in the implications for his business dealings.

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The Ultimate Investor’s List of Lists 📋
This list covers top VCs, Family Offices, BAs, and CVCs, providing a comprehensive resource for founders. It is essential reading for those seeking funding.

Vinod Khosla - In Good Company 🌍
Vinod Khosla, founder of Khosla Ventures, shares his insights with Norges Bank Investment Management, offering valuable lessons on investment, innovation, and the venture ecosystem.
15 Startup Mistakes to Avoid ❌
A breakdown from Y Combinator on the common pitfalls that can derail even the best startups, with insights on how founders can steer clear of these traps. Which one resonates with you most?

21 Types of Revenue Models Explained 💸
Explore a comprehensive guide to revenue models with examples to help startups identify which models—or combination of models—best fit their business strategy. Perfect for founders refining their revenue strategies!
Tim Cook on Leadership Lessons from Steve Jobs 💡
In a Wall Street Journal interview, Tim Cook reflects on the leadership wisdom he gained from Steve Jobs, emphasizing small, dynamic teams, hiring people who challenge you, and staying adaptable.

Aramco’s Venture Arm allocates $100M to fuel AI innovation, targeting transformative startups in artificial intelligence.
Axon Partners Group is set to raise up to €250M, focusing on tech SMEs across Europe with growth-oriented investments.
Chemistry Ventures, launched by former Bessemer and a16z alums, enters the scene to support tech-driven companies with early-stage capital.
BITKRAFT Ventures has unveiled a $275M fund for gaming and Web3 ventures, aiming to accelerate innovation in interactive entertainment.
Riyad Bank’s Fintech Fund launches with $213M to support the burgeoning Saudi fintech ecosystem and enhance digital financial services.
Stride Ventures Fund III closes at $165M, focused on expanding its venture debt portfolio and supporting high-growth startups in India.
Benchmark is raising a $170M fund exclusively for partners, furthering its legacy of backing transformative tech startups.

The Founders Corner