Friday, March 22, 2024

Sources: YC plans to raise at least $2B across three new funds that include exposure to its next four startup batches and follow-on investments as they grow (Alex Konrad/Forbes)

Alex Konrad / Forbes:
Sources: YC plans to raise at least $2B across three new funds that include exposure to its next four startup batches and follow-on investments as they grow  —  The storied startup accelerator is targeting at least $2 billion, sources told Forbes, in its first major fundraising effort under Garry Tan.



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...