AI was mentioned 21 times on GOOG's earnings call yest. 14x on the MSFT call If you believe that AI is accelerating – need to map out where value is accruing A lot of activity in privates, but there are a few PUBLIC companies that are capturing almost all the economics 🤔

Congrats to We've Moved to @motherduck on their Series A! Pumped to work with Jordan Tigani and team. Combining the processing power of the cloud + local machines is enabling a new type of analytics. The innovation around data infrastructure continues to excite me techcrunch.com/2022/11/15/mot…

Amidst all of the market chaos, our VC team is busy backing the next generation of founders who are moving the world forward by making better decisions with data. Let’s go! 🙌🏻 Brad Gerstner Jamin Ball Pauline Yang Ram Woo Gwen Umbach We've Moved to @motherduck #supercycle #data

So much momentum in AI/ML right now! With Neurips this week, we're excited to open source our database of AI/ML companies across infra and apps. Never been a more exciting time to be looking for roles in AI! airtable.com/shr7YQif4IUAmG…

The private secondary market is a leading indicator for trends in primaries. Data from Carta shows sellers capitulated in Q3 selling 37% below last primary. That discount likely widens further. '21 Tech IPOs are down 53%, for example We'll start seeing down rounds soon

Comments from Snyk’s CEO resonated with me... Ignore the stigma associated with a down round and do the right thing for the business. I expect more late stage companies to follow suit next year

Quick Poll: "Hedge Funds bought Tech stocks at the fastest pace since Dec ’21 amid last week’s drawdown" - GS Prime Brokerage

Poll results are in: 60% bullish

Rough year for growth software stocks. Even though they've executed well (C23 sales estimates RISING 14% this year), their prices are down more than slow growers where forecasts fell Upshot: public comps for private growth co's that are *crushing* #'s point to marks down ~60%

Like clockwork VIX dips below 20 and there are a bunch of equity announcements this morning $IQ priced $442M of primary at $5.90 down 12% pre market. Stock below issue now

Banker's response to founder email asking to talk about the IPO window

Series A 🚀🚀! Data is oxygen to AI. Two amazing founders leave MSFT / AAPL to build an easy button for secure data sharing / multi-party compute. Bootstrap to big customers on less than $1M. ⁦Kamakshi⁩ ⁦Abhishek Bhowmick⁩ ⁦⁦Snowflake VC⁩ techcrunch.com/2023/02/02/sam…

A lot of panic re: SVB (you should see my phone/emails!). A bank run driven by panic is the real risk here, not the action of selling LT securities at loss I have no inside information as I left SVB in 2012, but know enough about banking to piece together. Quick 🧵