Your team is hearing about layoffs. The ones on tech twitter have heard about them. The ones that are not will hear about them later. Tell your team about what's happening in startup land *now* so they hear it from you *first*. 3 slides from our last town hall @SuperPuntoMx

Though bad investors sometimes cut back dramatically in bad markets, good investors keep investing. They know how terribly dangerous it would be to stop. What if they miss the Google? So don't be deterred from starting a startup because you worry it will be hard to get funding.

A bunch of you have reached out about learnings on partner bank audits and disruptions. All of this is unconfirmed rumblings. With that, a few takeaways 👇

What is needed to start a successful company in crypto/web3? The evident: technical founders, a unique insight, etc. But a constantly overlooked skill is investment/finance experience. Spend time learning the software, protocols, and primitives. Do your research. 1/8

Thrilled to share that R2 has raised a $15M Series A led by Gradient, Google’s AI-focused fund, and with participation from FEMSA Ventures and PayU. Excited to welcome back existing investors General Catalyst 166 2nd, and MagmaPartners in this round. bloomberg.com/news/articles/…

Buy-now-pay-later (“BNPL”) has become a massive global category in financial services. Yet, in recent months the space has seen a pull back. Affirm and Klarna are both down 85% off their peak. So many are asking what the future of the business model is.

I am flying back from the LAVCA conference. Great to see many friends investing in the next generation of founders in LatAm. I missed a session with @escobarimartin from General Atlantic and Cesar Carvalho from Gympass (Wellhub). Fortunately Gina Gotthilf sent me WhatsApp updates live...

I support the Mensarius Oath for ethical investing created by VC Lab vcl.to/mensarius #MensariusOath

The biggest con man since Madoff just admitted that woke is a virtue-signaling game “where we say all the right shibboleths and so everyone likes us.” How stupid does the NYT feel now?

VCs not responding to your cold email? Try this new cutting-edge format: "Hey, I heard from some founders at YC that your fund is slowing down. Wanted to check in to see if that's true so I can cross you off my target list."

Been thinking about how does the "typical startup of the future" will look like with AI... -Smaller, 10x more productive teams -Global since day 1 -Better margins -Way less funding needed -What else? Things are about to look really different

S23 YC Companies holding back seed round valuation resets

Looks like uncapped notes are back with some Y Combinator founders

Inefficient ticket sales and uncontrolled resales are ruining events. menta tech is here to revolutionize the entertainment industry in Latin America! Proud to partner with @inaki_sl, cazes, and Anselmo Sanchez Lopez 💥 lanacion.com.ar/tecnologia/tre…

Excited to build the future of fintech at Lightspeed

Across our lending customer base, the median income of borrowers surged by ~30% in 6 months. As banks scale back on lending, fintechs & non-bank lenders are attracting higher-income borrowers. Smart lenders use cashflow analytics to safely extend credit. Excited for this topic!

BIG DAY for us at Accend (YC S23)! I’m VERY excited to announce our seed round 🚀. Thank you Ryan Lawler and Axios for covering it - axios.com/pro/fintech-de… (🧵on our story and where we are currently) (1/8)

I'm excited to share that we've built the world's most capable AI software engineer, achieving 30.08% on SWE-Bench – ahead of Amazon and Cognition. This model is so much more than a benchmark score: it was trained from the start to think and behave like a human SWE.

1/ BIG NEWS! 🚀 We Accend (YC S23) just launched our AI-powered Financial Statement Spreading & Analysis solution, and it's a game changer for underwriting teams. Here's what you need to know 👇

🚨 Credit underwriting is broken. And honestly? Always has been. You: "Can I get your Q2 financials?" Them: "sure" sends FINAL_v3.docx two weeks later Then your analyst spends 12 hours spreading it in Excel like it’s 1999. Nah. We’re done with that. Introducing Accend 2.0 👇