Image
  • Pinned
    user avatar
    .@benchmark co-lead the initial round for Cerebras 10 years ago. Over the following 5 years, the team amazed, delivering the technological marvel of a wafer-scale chip, the system to heat and cool it, and more recently the software layer that allows giant fleets of Cerebras
    @OpenAI and @cerebras have signed a multi-year agreement to deploy 750 megawatts of Cerebras wafer-scale systems to serve OpenAI customers. This has been a decade in the making. Deployment begins in early 2026, and when fully rolled out, it will be the largest high-speed AI
    Image
  • user avatar
    Has there been a bank run in the US over the last 50 years where depositors actually lost money? Fed can't let it happen. Would trigger more runs. Bank equity to 0? Sure. Funds tied up for a few days? Maybe. Lost money? Can't find an example.
  • user avatar
    1/ Company proposes ambitious, seemingly unrealistic, plan. Board member makes “if you do that, I'll eat my hat” type comment which leads to a silly bet. Company obliterates plan. CEO shaves board member's head. I'm the board member. @confluentinc the company.
    Image
    00:00
  • user avatar
    If SVB depositors aren’t made whole, then corporate boards will have to insist their companies use two or more of the BIG four banks exclusively. Which will crush smaller banks. AND make the too big to fail problem way worse.  (SVB equity holders are wiped. That’s fine.)
  • user avatar
    This gave me chills. Awesome lens. From @InvestLikeBest @patrick_oshag via @JamesClear Investor Rick Buhrman on the kindness of mastering your craft: INTERVIEWER: What is the kindest thing that anyone's ever done for you? ​ BUHRMAN: ... our oldest son, Theo, who just turned
  • user avatar
    Sequoia and Benchmark are often competitors, but more often we’re partners. I’ve had the privilege of serving on boards with four Sequoia partners (including Pat) across four companies. And there are many more examples across our broader portfolio. They’re the rare venture
    With immense gratitude and appreciation for @roelofbotha and his legendary leadership over the better part of a decade, @Alfred_Lin and I are honored to accept the torch and become the next stewards of @sequoia Here is the note I shared internally:
    Image
  • user avatar
    THIS IS THE BEST FEATURE EXCEL HAS ADDED IN AT LEAST 15 YEARS.
    Announcing STOCKHISTORY, the newest member of the @msexcel function family. Easily pull historical stock prices into your workbook to analyze your portfolio! Get started: msft.it/6018Tllcn
  • user avatar
    Remember when 3x, 3x, 2x, 2x, 2x was the gold standard for annual growth in SaaS companies? That was cute.
  • user avatar
    Replying to @pmarca
    Interestingly, I was surprised to learn I counted as diverse from a Nasdaq perspective (based on the rules at the time), but did NOT count as diverse according to California’s rules (at the time).
  • user avatar
    In terms of things VCs directly control - employees & investments - @A16Z has done better on inclusion than any other VC firm. @bhorowitz @NaithanJones @ChrisLyons @JorgeCondeBio @martin_casado I’m sure others. Let’s not measure action by tweets.
  • user avatar
    Vishria at Benchmark sums up the hope: “All the pretenders and the speculators will get wiped out. We’ll have the believers and the builders.”
  • user avatar
    Replying to @GavinSBaker
    I agree with all of this (especially the “good enough AI” concept which @zeynep articulated well) but there is a new dynamic that shouldn’t be ignored imo: For the past couple years the model was the product. Now, there is distinctly a product layer and a model layer. Deep
  • user avatar
    Most of our tech industry doesn’t get it either. Intel’s stumble means we depend 100% on chips from a tiny island not far off the coast of China. Yes, Nvidia’a chips too. Increasingly AMDs. Everybody’s.
  • user avatar
    Today, I find myself simultaneously agreeing with @MittRomney @RoKhanna @LHSummers @DavidSacks and… @profgalloway (?!) which is all extremely unusual and very disorienting :-) Meanwhile ppl on the far right and far left bizarrely want to test containment, which seems… risky.
    Kudos to @RoKhanna. Every word of this is true. Decisive action is needed to protect the regional banking system. The run on other banks has already started.
    Image
    00:00
    Face The Nation
    CBS News