Elon Musk sues OpenAI ⚖️, Rethinking the startup MVP 🔄, The Future of Digital Health 🩺, & more!
Welcome to The VC Corner, your weekly dose of Venture Capital and Startups to keep you up and running! 🚀
This week’s newsletter is sponsored by Let’s Make It Rain:
Enterprise SaaS deals aren’t progressing, denying clients increased efficiencies and vendors the revenue needed for growth.
For SaaS companies struggling with Enterprise sales, Let’s Make It Rain’s Mark Phinick coaches sellers 1:1 on individual deals, freeing sales leaders to focus on broader strategy and operations.
Mark helps SaaS providers accelerate growth and liquidity, enhancing deal management, value optimization, discount mitigation, executive storytelling, and crafting outcome-based proposals. He transforms the sales narrative, helping sellers translate technology into the language of the C-Suite.
Learn more at Let’s Make It Rain
Top Headlines 🚨
Elon Musk sues OpenAI over AI threat ⚖️ [Courthouse News Service]
Payments titan Stripe is valued at $65bn after striking a deal to let employees cash out some of their shares 💳 [stripe]
Thrasio Files For Bankruptcy After Raising $3.4B from Investors 📉 [crunchbase]
Hopin's UK business enters liquidation as it transfers HQ to the US. The company was once valued at $7.75bn 💔 [sifted]
Venture Funding For Black Founders Falls Below $1 Billion For First Time Since 2016 💵 [POCIT]
Figure raises $675M at $2.6B valuation 🎉 [Figure]
France’s economic powerhouse and public bank bpifrance pumped another €4.5bn in startups and innovative SMBs last year 🚀 [bpifrance]
Want to sponsor this newsletter and reach 13k founders and VCs? 📰 → Reach out at ruben.thevccorner@gmail.com
In-Depth Insights 🔍
How to Read Balance Sheets 📖 [OnlyCFO’s]
GOAT’s Path to Product-Market Fit — How a Fake Sneaker Sparked a $4B Idea 💡 [1 Review]
A Reading List for Investors 📚 [Colossus]
Rethinking the startup MVP: Building a competitive product 🔄 [Linear, Tuomas Artman]
The biggest mistake with product-led sales: hiring a sales team too soon 🛑 [Elena Verna]
How long does the average startup take to get to each venture stage? ⏳ [Peter Walker]
Software Has Eaten The Media 🖥️ [Edward Zitron]
Confluence.VC is the operating playbook for venture and growth equity investors.
They help VCs connect with each other and share templates, resources, ideas, and deal flow. Our ultimate goal is to make each member of this workspace more effective in their individual roles by leveraging the collective knowledge of the community.
All members get access to their resource library for free. Paid members get access to the member directory, Slack group, software and service discounts, and private deal flow opportunities. Check it here
Interesting Reports 📊
The Future of Digital Health 2024 🩺 [BCG X]
Invest Tech - The era of opportunity in MENA 🤝 [BECO, Mohamed Nawito]
The Future of Wealth Management 🔮 [J.P. Morgan, APOLLO]
The CEO’s guide to generative AI 🤵 [IBM]
Upcoming Events 📅
Transform for the better, together | Las vegas | Mar 11-13
Shoptalk | Las Vegas | Mar 17-20
Insurtech Insights Europe | London | Mar 20-21
Investors’ Forum 2024 | Geneva | Mar 20-21
Investors’ Forum 2024 | Paris | Mar 21-22
Global Summit 2024 | Paris | Mar 25-8
SF Climate Week | San Francisco | Apr 21-27
How To Run A Pilot: Skan.AI | Remote | Apr 16
AVPN Global Conference 2024 | Abu Dhabi | Apr 23-25
VC Platform - Global Summit ‘24 | New York | Apr 24-26
Investing in Tomorrow - Advancing Technology & Society | San Jose, California | Apr 25
Plug and Play Italy Summit 2024 | Milan | May 16
The LP/VC relations event | Vienna | Jun 1-6
Silicon Valley Summit 2024 | Jun 11-13
Super Climate | New York | Sep 24
Great job with those investor lists, Ruben.
Great wrap up