AI, Hardware, and Virtual Reality | Seed Rounds At $100mm Post Money | Beehiiv acquires ad platform Swapstack

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III. AI, Hardware, and Virtual Reality

Ben Thompson discusses the concept of the "TMT" sector, encompassing technology, media, and telecoms, which all involve substantial upfront investment and near-perfect scalability. Each category offers a form of virtual reality, with media focusing on time, telecoms on place, and technology (software) on interactivity. AI, especially in communication, removes the human constraint, making continuous interaction possible.

II. Seed Rounds At $100mm Post Money - AVC

At the peak of the bubble in November of ‘21, Fred Wilson wrote this piece on why the economics of $100M seed rounds don’t work. Although the volume of $100M seed rounds has slowed, the 50th percentile seed round is still being priced high at $20M+ post-money according to AngelList data. Fred’s piece is timeless and worth the read.

I. Newsletter startup Beehiiv acquires ad platform Swapstack

Beehiiv (Fund IV) has acquired tech platform Swapstack to enhance its ad offerings, making it more appealing to content creators and boosting overall revenue. Beehiiv, founded in 2021, recently launched an ad network, and the acquisition of Swapstack provides additional technology and expertise to support this venture.

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II. How to drive word of mouth | Nilan Peiris (CPO of Wise)

I. How the Ultra Wealthy Build Generational Legacies - Lumida Legacy

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