Quarterly briefings reveal what investors actually care about beyond the hype.

Large institutions hold 8-20% of NAV in single company, all awaiting IPO liquidity event

New permanent fund bets on AI-proof franchises and cultural institutions

Companies that raised over $3B saw -63% alpha, with only three exceptions.

Rick Zullo argues VCs should stop copying playbooks and build strategies around their actual capabilities.

Early-stage investor announces new capital and promotes team leads.

LPs can now audit fund performance in hours, forcing managers toward radical transparency

Rosebud AI CEO steps down after eight years building in generative AI

Capital efficiency, not scale, predicts public market success for venture-backed firms.

They offer different products for different LP objectives and risk profiles.

VCs claim to back people, but the industry is obsessed with credentials.

Permanent capital vehicle starting with majority stake in San Francisco Giants

The former CEO rejoins the $10B venture firm as advisor to portfolio companies

Alameda's $200k pre-seed investment generated zero returns in bankruptcy sale.

Rafael Corrales maintains consistency across five funds targeting pre-seed and seed stages.