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The Latest Breaking News from Garry Tan

Elon Musk makes an admission about the productivity email his group sent to federal workers

Department of Government Efficiency head says he wants to test whether federal employees are ‘capable of replying to an email’

The Independent UK

"There's no evidence scaling laws have begun to stop": Former Google CEO claims AI systems will be 100 times more powerful, leading to new warfare challenges — as Sam Altman reportedly preps for a $1 trillion AI model training run

Former Google CEO Eric Schmidt claims no evidence shows the scaling law has begun, stunting the development of advanced AI models. He says AI models will scale great heights leading to dangers such as cyberattacks and new forms of warfare.

Windows Central

Silicon Valley’s right wing notches victories nationwide and at home

Tech elites scored local and national wins after backing Donald Trump and conservative California ballot measures

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

Inside tech billionaires’ push to reshape San Francisco politics: ‘a hostile takeover’

The Guardian and Mission Local unravel ‘grey money’ network flooding the progressive city with conservative cash

The Guardian - US

Garry Tan says founders ‘have to be in San Francisco’ as Y Combinator ditches Mountain View headquarters for the big city

Y Combinator moved its headquarters out of Mountain View last year.

Fortune

3 takeaways from Y Combinator’s summer startup class

The accelerator’s Demo Day was all about A.I. startups—but a couple of other themes emerged.

Fortune

How the Arm IPO is lining up for its owner—SoftBank

The public offering is on track to be a smaller exit for SoftBank than what a NVIDIA acquisition would have offered.

Fortune

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Garry Tan breaks down the key metric in Y Combinator's new list of top startups

The accelerator's focus on net revenue is to "encourage people to build businesses of real, great value."

Fortune

One of Silicon Valley's Top Banks Fails; Assets are Seized

Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a US financial institution since the height of the financial crisis almost 15 years ago. Silicon Valley Bank, the nation’s 16th-largest bank, failed after depositors hurried to withdraw money this week…

Asharq Al-Awsat

Silicon Valley Bank failure could wipe out 'a whole generation of startups'

The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely. It remains unclear how much, if any, of depositors' money will be returned.

WEKU

Bill Ackman thinks the government should consider SVB bailout

The founder of Pershing Square Capital Management said the collapse of Silicon Valley Bank "could destroy a long-term driver of the economy."

Fortune

Inside Initialized Capital’s next moves as co-founder and star investor Garry Tan steps back

Jen Wolf and Brett Gibson lay out the future of the early-stage VC firm.

People

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