Viewpoints

Circle (founded in 2013) IPOed last week on the NYSE under the ticker CRCL, with demand exceeding supply by 25 times. The stock surged 250% in […]

Packy McCormick’s piece Everything is Technology has triggered heated debate in SV, including his views on VC megafunds. To keep this brief, I will expand on megafund returns […]

eToro, the stock and crypto trading platform, went public last week on Nasdaq, raising $620M in an upsized offering that was over 20 times oversubscribed. The […]

That’s exactly what played out in internet search and ride-sharing, for instance. Few still remember Google’s early competitors. Lyft lags far behind Uber, which — despite […]

Omada Health, a Fabrica Ventures portco, has just filed for IPO (pricing range, timing, and size are still tbd). * * * * * As of […]

The enterprise security landscape is undergoing a transformation, as traditional analog systems are replaced by cloud-based digital solutions. This shift is driven by AI and the […]

As has now become tradition, last week marked another edition of Brazil at Silicon Valley (BSV). The event brought together ~500 Brazucas at the Google Cloud […]

Excerpt from a recent conversation over coffee in Palo Alto with a Fabrica Ventures’ LP: LP: We have seen big discounts (over the last round) on the […]

On March 28, CoreWeave (Nasdaq, CRWV) became the first truly AI-centric company to go public, debuting at $39 per share with a market capitalization of $19 […]