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Snapchat has 850 million users, Reddit has 91.2 million DAUs, and Pinterest has 522 million MAUs—who said consumer wasn't venture-scale again?
86 chaotic days of VC fundraises, news, and more! I'm speaking with 33 consumer founders this week alone.
a $23B acquisition offer rejected, a $500M raise with a layoff, and a $42M raise for the "anti-Facebook"
"VCs are lemmings" says Mark Suster (Upfront Ventures) at the Fortune Brainstorm Tech Summit
VCs bet $24 billion on AI companies during the Q2, a consumer social startup hits #1 on the app store, and creator startups have raised as much $ this year as in all of 2023
female-founded startups skyrocket to 50%, but funding lags at 2.1% in 2023
30 fundraising announcements, VCs becoming PEs, & more AI marketing backlash
stuck between the seed & series A, more thoughts on bereal's exit, + defunct credit card startups
The Midas List, a $3B valuation, and the future of consumer is gaming
AI is getting theatrical, Gen Z is right about everything, & Ticketmaster is still awful
3 AI fundraises = 1.5B invested (& announced) in 24 hours, a consumer social app acquisition, and 1 GP has been permitted to join No GPs
