Dave McClure

A few years ago I wrote about how to build a VC fund portfolio model for a #VentureCapital fundamentals class (# of co's, check size, follow-on, and reserves, etc): jaunt.com/j/vc-portfolio…

"To meet his mass deportation goals, Trump is stripping legal status from thousands of immigrants who followed the rules." Another act of profound cruelty from Trump, Stephen Miller, and the crew. Read Isabela Dias' new article on this travesty. motherjones.com/politics/2025/…

checked into a Hampton Inn and I saw the future. it was a singularly pleasurable experience. you check in via the Hilton app and it allows you to select the room of the hotel. just like selecting a seat in a plane, the app gives you a layout of the rooms (floor by floor) and…

New blog post with Tam Bayoumi on the futility of Trump's tariffs. Even without foreign retaliation, the US economy is the biggest loser. piie.com/blogs/realtime…

Story with a lot more details on the cap table history, including who missed out and a scoop on a secret early investor: theinformation.com/articles/figma…

New from me: Figma's IPO roadshow going well is a big deal for Silicon Valley's elite. No IPO since 2021 has had two, much less four, VC firms with stakes of $1B or more at the offering price. It continues a hot streak for Index, which also won big this year on Wiz + Scale.

Faculty and students on Chinese campuses are enthusiastically embracing AI, and the level of public excitement for AI in China is far greater vs. the US and UK (@caiweic / MIT Technology Review) technologyreview.com/2025/07/28/112… techmeme.com/250728/p20#a25…

How the AI boom is reenergizing San Francisco, one of the slowest US cities to recover from the pandemic, with rising foot traffic and new commercial leases (@danielledigest / Washington Post) washingtonpost.com/business/2025/… techmeme.com/250728/p3#a250…

Sources: Ramp is in talks to raise $350M led by Iconiq at a ~$21B valuation, after raising $200M at a $16B valuation in June (The Information) theinformation.com/articles/ramp-… techmeme.com/250725/p28#a25…

Sources: Anthropic is in talks to raise $3B to $5B, including from Middle Eastern investors, in a round that could more than double its valuation to $150B+ (Financial Times) ft.com/content/3c8cf0… techmeme.com/250725/p21#a25…

OpenAI's GPT-5 is coming—and, it's apparently a lot better at coding! We've got the scoop here: theinformation.com/articles/opena…

Tether says it has ~250K Tether Gold tokens in circulation as of Q2 2025, backed 1:1 by a troy ounce of physical gold; the stablecoin was launched in Jan. 2020 (@danielgkuhn / The Block) theblock.co/post/364232/25… techmeme.com/250725/p1#a250…

Public companies are loading up on crypto tokens, including $TRUMP, HYPE, and litecoin, as they expand beyond bitcoin to boost their own share prices (Financial Times) ft.com/content/50f987… techmeme.com/250725/p5#a250…

Sources: GPT-5 shows improved performance in coding, particularly in practical software engineering tasks, outperforming prior OpenAI models and Claude Sonnet 4 (@steph_palazzolo / The Information) theinformation.com/articles/opena… techmeme.com/250725/p12#a25…

Elad Gil is raising a venture fund of approximately $1.5 billion, with the potential to reach $2 billion, pushing the boundaries of what it means to be a solo general partner. Discover the details of this ambitious fundraising effort: theinformation.com/articles/elad-… #venturecapital

We caught up with @christinacaci (Co-Founder & CEO of @TrustVanta) right after they announced a $150M Series D at a $4.15B valuation, and asked how it all started. "We started with SOC 2 for startups, because in 2017, no one got SOC 2. Now you get it when you’re two founders.…

Cold exposure is one of the most ignored natural remedies on Earth. Used right, it melts fat, reverses your age, and reduces inflammation in the body—yet no one talks about it. So, I started researching its healing benefits... What I discovered will blow your mind: 🧵

The White House says "South Park" is not "relevant," "hanging on by a thread," and a "fourth-rate show." The $1.5 billion Paramount is reportedly paying for five years of streaming rights begs to differ. rollingstone.com/politics/polit…

Sources: Elad Gil is raising a fund of ~$1.5B that could grow to $2B based on investor interest, making it one of the largest fundraising hauls for a solo GP (@nmasc_ / The Information) theinformation.com/articles/elad-… techmeme.com/250724/p44#a25…

Crypto Inflows Surge to $60B Year-to-Date, Outpacing Private Equity: JPMorgan coindesk.com/markets/2025/0…

We’ve been quietly building Abstract for 9 years. Thank you to @patrick_oshag and @domcooke @joincolossus for giving us the opportunity to share our story. We’re just getting started! joincolossus.com/article/ramtin…