BIG changes in hiring practices just announced inside of Meta, per sources: No longer teams at meta devoted to Diversity, Equity and Inclusion No diversity working with outside minority owned supplier businesses No goals for hiring women and minorities w kate conger

NEW: Marc Andreessen has been recruiting and interviewing people for positions across the Trump administration, including posts at DOD and intell agencies. It's a sign of the immense influence VCs are having on the transition, as they advance a "Little Tech" agenda. w/

Really impressive Hamilton Lane raises $600 million for first venture fund This is what leaning in and buying the dip looks like. pitchbook.com/news/articles/…

um.... OpenAI has been adding $1B+ in paper value *per day* since their last funding round

I'll be at the Upfront Summit in LA next week! 🌴 Who's going?

If you're interested in how the largest alts managers (The Carlyle Group, TPG, etc) are reacting to Trump's pushback on DEI, read my story from earlier this month: pitchbook.com/news/articles/…

The disparity has grown even further. New federal data shows that the United States now has: • 41,550 journalists • 280,590 public relations specialists For every reporter, there are now about seven PR people. (data via U.S. Bureau of Labor Statistics)

Prediction: The Farmer's Dog is the next big IPO in consumer in the next 12 months 👀 The Farmer's Dog is the hottest consumer products brand no one is talking about, having recently passed the $1B in annual revenue and $10m/month in net profits from a pitchbook report. The

Not all VCs are happy about DOGE's federal funding cuts! Lux's Peter Hébert told me he thinks VCs should be doing more to help scientists caught in the crosshairs pitchbook.com/news/articles/…

NEW: Our OpenAI people tracker found over 25% of key researchers on OpenAI's technical papers since 2022 have already left the company pitchbook.com/news/articles/…

OpenAI's flagship technical research papers from the past 2 years have featured 180+ core contributors. Over 25% of those contributors are now gone. rosie bradbury explores this brain drain further here ⬇️

I think people fundamentally misunderstand what reading does When you read Adam Smith you not only get bullet points and examples but see how he crafts an argument, how he mobilizes evidence (or doesn’t!) and spurs questions that you don’t even know to ask bc they’re subtextual