HighPost Capital, a private equity firm run by Mark Bezos, Jeff Bezos’ younger brother, and PE veteran David Moross, has launched a new venture capital arm called HIPstr. And with it, fresh capital to invest in startups. The new entity just announced its first VC fund of $ 100 million. HighPost Capital focuses on consumer companies […]
Newly launched social network Maven loses its co-founders
Just three months after Maven’s public launch, Kenneth Stanley — the former OpenAI researcher who co-founded the social media platform designed to facilitate serendipitous interactions — is stepping down. Stanley posted on Maven and X that despite enthusiastic responses to the platform’s launch, Maven “could not achieve the kind of growth curve that investors want […]
GV’s youngest partner has launched her own firm
Terri Burns, a former partner at GV, is venturing into a new chapter of her career by launching her own venture firm called Type Capital. It will focus on early-stage startups, cutting pre-seed and seed-sized checks, reports Fortune. Burns told Fortune she is still in the beginning stages of building out her firm and hasn’t […]
As a new AI-driven coding assistant is launched, the battle for AI-mindshare moves to developers
With the news that Microsoft’s Copilot is getting OpenAI’s latest models and a new code interpreter, it’s clear the battle over the future of AI is increasingly being fought at the developer and engineering level. If you can get developers hooked on “your” AI Copilot, then you will be able to better sell into that […]