As crypto cools, a16zcrypto raises a $2.2B fund | TechCrunch

As some of the biggest VCs in crypto start to consider funding AI startups, a16zcrypto's new fund will stay the course.

TechCrunch
ElevenLabs lists BlackRock, Jamie Foxx and Longoria as new investors | TechCrunch

4. ElevenLabs reveals new investors, hits $500M ARR, and expands enterprise footprint as voice AI becomes a critical interface.

TechCrunch
Get 50% off a second Disrupt 2026 pass to make more deals faster | TechCrunch

Make more deals faster by bringing your +1 at 50% off to TechCrunch Disrupt 2026. Offer ends May 8. Register here.

TechCrunch

#Britain’s invention agency pledged £50m of UK taxpayer money to #US #tech companies and #venture capital projects

#WTF?

Dominic Cummings created to fund crazy ideas, #Aria is meant to restore Britain as #scientific superpower

Joint investigation by Guardian & Democracy for Sale established over 1/8 of agency research/development funding 2 years went to 14 US tech companies & venture capital groups

https://www.theguardian.com/technology/2026/may/03/uk-invention-agency-aria-pledges-70-million-public-money-us-tech-venture-capital-dominic-cummings?CMP=mastodon_fediverse

#corruption #Corporate #Benefits #capitalism #CorporateBenefits

UK ‘invention agency’ grants £50m of public money to US tech and venture capital firms

Exclusive: Brainchild of Dominic Cummings, Aria is aimed at funding ‘crazy’ scientific projects to benefit the UK

The Guardian

It was a day of downpours, so I decided to play the next exercise mission in the Dragon Flight series in the Venture section of Zombies, Run! It was a fun little fantasy adventure.

https://apollolemmon.com/2026/05/03/exercise-2026-05-03/ #Venture
Sources: Anthropic potential $900B+ valuation round could happen within 2 weeks | TechCrunch

Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter.

TechCrunch
Sources: Anthropic could raise a new $50B round at a valuation of $900B | TechCrunch

The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.

TechCrunch
To buy this Bay Area home, you’ll need Anthropic equity | TechCrunch

Someone’s offering an unusual deal for a 13-acre property in Mill Valley, just north of San Francisco.

TechCrunch

The Nerd Reich | The Cult of Venture Capital Wants Your Future by Gil Duran

AI generated summary, Read the full article for complete information.

The article argues that Silicon Valley venture capital has morphed from a niche funding source into a powerful “cult” that now functions as the de‑facto planner of American capitalism and a looming threat to democracy. Drawing on a Nerd Reich podcast interview with scholar Olivier Jutel, the piece explains how VCs—through historic ties to the military‑industrial complex, massive fee‑based fund structures, and a 10‑year “future‑building” mindset—have shifted from backing disruptive apps to betting on AI, crypto, surveillance, war technologies and the “network‑state” vision of private sovereign zones. The author contends that these investors are increasingly relying on government bailouts to rescue failing bets, while simultaneously pursuing an agenda to extract value from the nation and ultimately “exit” democracy by creating their own crypto‑enabled, charter‑city‑style polities. In this view, venture capital is less about genuine innovation than about consolidating political power and reshaping society to serve a small elite’s ideological and financial goals.

Read more: https://www.thenerdreich.com/the-cult-of-venture-capital-wants-your-future/

#PeterThiel #NerdReich #networkstate #techauthoritarianism #venture-capital #GilDuran #OlivierJutel #MarcAndreessen #BalajiSrinivasan

AI generated summary, Read the full article for complete information.

The Cult of Venture Capital Wants Your Future

How venture capital went from funding apps to funding fascism. Dr. Olivier Jutel on VCs' plan to exit democracy and remake the world

The Nerd Reich
Most operators who become investors in their 40s learn by bruises, not books: bad hires that wreck quarters, founders losing control before losing the company, shifting markets while teams stay silent, and capital diverted for “reasonable” reasons. That lived experience sharpens business and macro judgment far more than any case study. #startups #investing #leadership #venture