Kate Clark

WSJ hires Bloomberg's Clark to cover startups and venture capital - Talking Biz News The Wall Street Journal has hired Kate Clark as a technology reporter covering venture capital and startups. She will start later this month. Clark has been at Bloomberg News for the past year as a se...

@kateclark.bsky.social hired by @wsj.com to cover VC and startups: talkingbiznews.com/media-news/w...

Anthropic Nears Deal to Raise Funding at $170 Billion Valuation Anthropic is nearing a deal to raise as much as $5 billion in a new round of funding that would value the artificial intelligence startup at $170 billion, according to a person familiar with the matte...

Anthropic raising as much as $5 billion at a $170 billion valuation, with Iconiq leading the round. Scoop with new details by @shiringhaffary.bsky.social and @kateclark.bsky.social; more news to come:
www.bloomberg.com/news/article...

Microsoft-Backed Startup Builder.ai Hires Auditors to Investigate Inflated Sales Builder.ai lowered the sales figures it provided to investors and hired auditors to examine its last two years of accounts, a major setback for the artificial intelligence startup backed by Microsoft ...

some news: "The London-based company, which has raised more than $450 million, dropped its revenue estimates for the second half of 2024 by about 25%"
www.bloomberg.com/news/article...

Musk Merged His Xes Also FX liquidity illusion, a Luna settlement, fraud convictions and pardons, and NYSE Texas.

This newsletter on the face of it might look quite robust. But actually in extreme events it’s more and more fragile. www.bloomberg.com/opinion/news...

New: SoftBank is in talks to lead a $500 million investment in AI robotics startup Skild at a $4 billion valuation. t.co/FjwbbRNPaq

Lightspeed’s $2 Billion Anthropic Megadeal Cements VC Firm’s AI Ambitions The 25-year-old venture capital firm is embracing tech’s new era of enormous artificial intelligence deals

I wrote about Lightspeed’s embrace of AI megadeals, which have become a staple of the top-tier VC diet despite the risks.

“It’s high-stakes poker,” said Sierra Ventures Managing Partner Tim Guleri.

www.bloomberg.com/news/article...

People next to me are brainstorming how to find billionaire angel investors to fund their yoga startup so I know I’m back in SF.

SF for the week 👋

Betting on Bluesky If you’re like me, you’ve signed up for a minimum of three apps trying to compete with Twitter this year. First it was Mastodon, then Bluesky, and now comes Threads, the Instagram sibling app that...

“There’s a lot of room for redefining what it means to be a social network,” said one Bluesky investor. Bluesky “is technically really innovative without being overly complicated.” https://t.co/nMb6L9JU9g

The app you're using raised $8 million this week. https://www.theinformation.com/articles/betting-on-bluesky?rc=kcsww5

I simply will not be tweeting from my instagram.

Hi :)