VC Shifts From Moonshots to Front‑Running Deals
Venture capital is not what it was. An industry long defined by underdogs and moonshots is becoming more about front-running. https://t.co/MhVxDdp9B3
VC Records Driven by Few Front‑Running Deals
VC investment crushes records on the back of just five deals. An industry long defined by underdogs and moonshots is becoming more about front-running. https://t.co/M0tmyoONui
Tax Day Reminder: Carried Interest Still Taxed as Capital Gains
It's tax day. And despite the promises of three consecutive presidents, carried interest is still taxed as a capital gain.
Corporate America Knows Exactly Who to Lobby
The real takeaway from the United-American Airlines megamerger story is that Corporate America knows who it needs to lobby https://t.co/zsurhy8v9w
Revolution Medicines' Pancreatic Cancer Drug Shows Late‑Stage Success
This is big. All cancers suck. Pancreatic somehow manages to suck even more. Revolution Medicines says its potential breakthrough pancreatic cancer drug succeeds in late-stage trial https://t.co/rFVsvi0mQD
Private Credit Woes Now Threaten Private Equity
Private equity operated and thrived for decades before most investors had ever heard the term "private credit." But the two now are inextricably linked, which means that private credit's problems are private equity's problems.
Unilever to Acquire Gummies Maker Grüns for $1.2 B
Axios Pro scoop: Unilever deal for gummies maker Grüns is valued at around $1.2 billion https://t.co/75MXcTj32E
Kalshi Volume Jumps to $13B, Sports Share Falls To
Kalshi cofounders say that volume hit around $13 billion in March, up from $11 billion in February. Sports percentage was down to around 70%.
DOJ Antitrust Unit Crumbles as Top Lawyers Depart
DOJ's top antitrust litigator quits. So do three other senior antitrust attorneys. This unit has been absolutely gutted. First it was political staffers. Now it's the career folks too. https://t.co/vICsW7nVwY
VC Defense Funding Soars, yet Can Collapse Overnight
Venture capital's embrace of defense tech was fast and furious. From just $520m into U.S. defense-tech startups in 2020 to nearly $7b last year. Something that flips that quick can flip back just as quickly if the vibes shift. Killing tens...
Markets Barely Dip Despite TACO Tuesday Hype
It's pretty remarkable the markets are only down a little bit. Big believers in TACO Tuesday?
Deal Market Paused Amid Post‑Easter Lull, War Threat
Deal market seems to be on hold: Easter in the rearview and massive war escalation possibly ahead.
Diesel Near Record High as Gas Hits $4.11
National avg for gas is now $4.11, per AAA Diesel avg is now $5.61 (just 20 cents below all-time high)
OpenAI and Anthropic Defy Trend, Pursue IPO
We know that OpenAI and Anthropic want to go public. The question is why, in an age of "stay private longer" https://t.co/6SiRk8bCTb
Tech Leaders Decry Media Yet Crave Its Spotlight
So many tech execs and investors complain about the media. But boy do they all wanna be a part of it in some way...
