Friday Letter

As companies grapple with how to most effectively bring AI into their workflows to improve productivity, some VCs and founders argue for a more ambitious rather than incremental approach that aims for organizational transformation.

A new report argues that global AI use could generate around $600bn in annual economic value by 2028 across more than 40 climate and sustainability subsectors.

Companies poised to meet data centers' demand for carbon-free power generation could bode well for other clean energy exits as investors pivot toward assets thought to be more resistant to AI disruption.

VCs hear opportunity calling in AI voice agents, a market expected to top $35bn by 2033.

AI systems are helping founders anticipate customer objections on sales calls and giving them a head start in raising their next round.

One family office is mostly avoiding venture funds, while another is doubling down. Can both be right?

Investors are more wary of SaaS as they see a structural shift from enterprise products built around systems of record, seat licenses and humans manually navigating workflows to platforms pushing software toward systems of action, automation and outcomes.

The disconnect between GPs and LPs was on full display in the first quarter, according to our new report.

What to do after a VC firm was fined $216m by the US government for allegedly doing business with a sanctioned Russian oligarch.

The market is finding more creative ways for HNWIs to get access to the hottest private tech companies. Will that hurt demand when those companies finally go public?