Friday, November 4, 2022

PitchBook: VCs raised $151B across Q1, Q2, and Q3 2022, exceeding any prior full-year cycle, concentrated among large funds at Sequoia, Lightspeed, and others (Heather Somerville/Wall Street Journal)

Heather Somerville / Wall Street Journal:
PitchBook: VCs raised $151B across Q1, Q2, and Q3 2022, exceeding any prior full-year cycle, concentrated among large funds at Sequoia, Lightspeed, and others  —  Limited partners who back venture funds still seek access to startups, which have outperformed other asset classes during recessions



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SpaceX's S-1 excerpts list "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, with the size of the expenditure TBD (Reuters)

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