---------- Forwarded message --------- From: The Cryptonite Weekly Rap <cryptoniteventures@substack.com> Date: Tue, Mar 25, 2025, 9:04 PM Subject: Saving Dogecoin, top 25 AI VC investors, CoreWeaves's IPO value drops, crypto wallet startups, and other soft land… To: <g@xny.io> Elon's empire evolves as the TechBro backlash gets ugly ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ Forwarded this email? Subscribe here <https://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9jcnlwdG9uaXRldmVudHVyZXMuc3Vic3RhY2suY29tL3N1YnNjcmliZT91dG1fc291cmNlPWVtYWlsJnV0bV9jYW1wYWlnbj1lbWFpbC1zdWJzY3JpYmUmcj0xcDV2MHombmV4dD1odHRwcyUzQSUyRiUyRmNyeXB0b25pdGV2ZW50dXJlcy5zdWJzdGFjay5jb20lMkZwJTJGY29weS1jb3B5IiwicCI6MTU5NTQ1MTE3LCJzIjoxNjY1NDgxLCJmIjp0cnVlLCJ1IjoxMDI3MzAwNjcsImlhdCI6MTc0Mjk1MTA0NywiZXhwIjoxNzQ1NTQzMDQ3LCJpc3MiOiJwdWItMCIsInN1YiI6ImxpbmstcmVkaXJlY3QifQ.QYYCrjC6X0TH9hw-8yssZHw_1Myb_uHn2e54-C5Z-N0?> for more <https://substack.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.ixxPxdmm_v81MblxPWLm581gaC3l4xkiwYIHDWkxVdM?> Saving Dogecoin, top 25 AI VC investors, CoreWeaves's IPO value drops, crypto wallet startups, and other soft landings... <https://substack.com/app-link/post?publication_id=1665481&post_id=159545117&utm_source=post-email-title&utm_campaign=email-post-title&isFreemail=true&r=1p5v0z&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE1OTU0NTExNywiaWF0IjoxNzQyOTUxMDQ3LCJleHAiOjE3NDU1NDMwNDcsImlzcyI6InB1Yi0xNjY1NDgxIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.MkRbl5vxNuAdLMf6jlkBPU8ccwVoMbhh7ZYVinkAo8Q> The Cryptonite Weekly Rap <https://substack.com/@cryptoniteventures> Mar 26 ∙ Preview <https://substack.com/@cryptoniteventures> <https://substack.com/app-link/post?publication_id=1665481&post_id=159545117&utm_source=substack&isFreemail=true&submitLike=true&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE1OTU0NTExNywicmVhY3Rpb24iOiLinaQiLCJpYXQiOjE3NDI5NTEwNDcsImV4cCI6MTc0NTU0MzA0NywiaXNzIjoicHViLTE2NjU0ODEiLCJzdWIiOiJyZWFjdGlvbiJ9.GUTdv9zEnle4u_c91vm1Lsg_x-V_LUKV4_UG9O6iZuE&utm_medium=email&utm_campaign=email-reaction&r=1p5v0z> <https://substack.com/app-link/post?publication_id=1665481&post_id=159545117&utm_source=substack&utm_medium=email&isFreemail=true&comments=true&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE1OTU0NTExNywiaWF0IjoxNzQyOTUxMDQ3LCJleHAiOjE3NDU1NDMwNDcsImlzcyI6InB1Yi0xNjY1NDgxIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.MkRbl5vxNuAdLMf6jlkBPU8ccwVoMbhh7ZYVinkAo8Q&r=1p5v0z&utm_campaign=email-half-magic-comments&action=post-comment&utm_source=substack&utm_medium=email> <https://substack.com/app-link/post?publication_id=1665481&post_id=159545117&utm_source=substack&utm_medium=email&utm_content=share&utm_campaign=email-share&action=share&triggerShare=true&isFreemail=true&r=1p5v0z&token=eyJ1c2VyX2lkIjoxMDI3MzAwNjcsInBvc3RfaWQiOjE1OTU0NTExNywiaWF0IjoxNzQyOTUxMDQ3LCJleHAiOjE3NDU1NDMwNDcsImlzcyI6InB1Yi0xNjY1NDgxIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.MkRbl5vxNuAdLMf6jlkBPU8ccwVoMbhh7ZYVinkAo8Q> <https://substack.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.VdRw5k8P5GFeUBBMYQldqe3Qc8WRtmvCNF3tr3i6Hio?&utm_source=substack&utm_medium=email> READ IN APP <https://open.substack.com/pub/cryptoniteventures/p/copy-copy?utm_source=email&redirect=app-store&utm_campaign=email-read-in-app> <https://substack.com/redirect/2bbbf314-e158-45ec-94a1-bc324d9a851b?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *Nonviolent resistance, anyone? The TechBro backlash gets destructive as MLK, Jr. and Mahatma Gandhi <https://substack.com/redirect/0b2e2842-dd87-4c66-8811-38291ce5c82d?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> weep from above—Art courtesy of xAI.* Elon's empire evolves as the TechBro backlash gets ugly You can't say Elon is not taking one for the skipper. Tesla shares started to recoil on January 21, the day after President Trump's inauguration, when the Cowardly Lion took over as head of DOGE. Since that inglorious day, Elon has taken a $60 billion stock hit, pushing the value of his Tesla stock below his stake in SpaceX. But save your crocodile tears for the Cowardly Lion. Despite Tesla's recent slump, the company's stock is still up 46 percent over the last year, and Elon remains the world's richest person (not counting Vlad and the Saudis).😭 The stock was also overvalued like the rest of BigTech, and the hit was part of the market correction. The TechBro backlash in 2025 was our second prediction for the year. After witnessing the *Biden/Harris in '20*-voting 'Magnificent Seven' CEOs lining up at Mar-a-Lago to wash the feet of their new master, you could see it coming. *But* we didn't predict it would come with Molotov cocktails <https://substack.com/redirect/99d3e0fb-5041-4682-bf1f-d6513d362fdd?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> and stacks of death threats.😳 ------------------------------ [image: Cryptonite's predictions for 2025—Short Google, Nvidia, & OpenAI?, TechBro backlash begins, Robotaxis & IPOs up...] <https://substack.com/redirect/e81edb48-8327-4bc7-9bbb-5101408f1356?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> Cryptonite's predictions for 2025—Short Google, Nvidia, & OpenAI?, TechBro backlash begins, Robotaxis & IPOs up... <https://substack.com/redirect/e81edb48-8327-4bc7-9bbb-5101408f1356?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> The Cryptonite Weekly Rap <https://substack.com/profile/146561965-the-cryptonite-weekly-rap> and Anthony Perkins <https://substack.com/profile/1338763-anthony-perkins> · Jan 6 Read full story <https://substack.com/redirect/e81edb48-8327-4bc7-9bbb-5101408f1356?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> ------------------------------ Since Elon's DOGE appointment, Tesla vehicles, dealerships, and charging stations have faced a notable wave of vandalism and arson attacks across the United States and beyond. A conservative, evidence-based estimate suggests total damages created by these incidents of at least $2.4 million <https://substack.com/redirect/77963891-12d0-40c4-a447-a1857a34648f?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> thus far. Breaking News *Multiple bombs and incendiary devices were found inside a Tesla showroom in Austin, Texas, today, as nationwide threats against CEO Elon Musk continue.😳 The Austin Police and Bomb Squad rushed to the scene and located multiple 'suspicious devices' at the Tesla dealership and took them into custody without incident. Since January 2025, at least 48 incidents of vandalism, arson, or other attacks on Tesla properties have been reported across nine states, reflecting a broader wave of hostility.* Meanwhile, reports have emerged of dramatic declines in Tesla car sales in the first two months of 2025 in Germany, China, and Australia, and analysts at JPMorgan recently cut their global deliveries forecast <https://substack.com/redirect/4477e346-2eca-489d-af6f-ec91cee2dd30?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>for the first quarter of 2025. Despite once being the darling of ‘progressives’ for cutting tens of millions of tons of CO2 from going into the ozone and making every auto company on the planet do the same, EDS is ramping up <https://substack.com/redirect/d304d346-d989-4fa0-a266-00aad75e00a3?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> and is terrible for at least the Tesla business. ------------------------------ <https://substack.com/redirect/741481c3-2132-4fdb-9772-c3f2c713aece?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> ------------------------------ Finding the cost of freedom Unfortunately, the BLM riots of the Summer of 2020 set a new pattern of using vandalism, arson, looting (a.k.a. smash and steal), and even the death of the innocent as a means of political protest. During the Summer of unrest, which affected over 100 cities, at least 19 innocent people were killed <https://substack.com/redirect/c885eeaf-b0f8-4a60-a291-2233d7451143?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, insured property damage losses reached $2 billion <https://substack.com/redirect/c885eeaf-b0f8-4a60-a291-2233d7451143?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, and uninsured losses were estimated to be three times that figure.*😳 *The ultimate irony was that the 19 innocent deaths were mostly people of color, and low-income neighborhoods suffered most of the property destruction.🤔 <https://substack.com/redirect/2f350fdc-fc5b-4211-b40c-15e3410a17b6?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *Kwame Brathwaite’s **Black Is Beautiful <https://substack.com/redirect/223c08a5-bdff-4518-8f48-0f067d740ca6?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>** poster (our preferred brand name for the movement) features his wife, Sikolo, and their daughter, Ndola, circa 1970.* Sadly, the anti-Israeli protests, especially on 'elite' university campuses <https://substack.com/redirect/90878570-a51d-4661-a41c-5896994202c1?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, have borrowed from these violent tactics. Since the Hamas attack on October 7, 2023, antisemitic incidents in the US have risen 360 percent <https://substack.com/redirect/1666fe77-437f-4962-b32d-d08142a3d113?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, including vandalism and arson across all 50 states. Public spaces like libraries, public transportation, and streets have seen 1,540 Israel-related antisemitic incidents since 2023 <https://substack.com/redirect/1666fe77-437f-4962-b32d-d08142a3d113?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, many tied to anti-Israel protests. Instigators range from anti-Israel protesters to extremist groups, motivated primarily by political opposition to Israel <https://substack.com/redirect/1666fe77-437f-4962-b32d-d08142a3d113?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, often expressed through antisemitic rhetoric and actions. Not to pick a side here, but when you analyze the three protest movements that turned violent above, none of the perpetrators were wearing red hats <https://substack.com/redirect/f5d12875-0346-4d2e-b842-bbcd7eab8886?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>.🤔 We all need to stand up to this craziness and reassert MLK Jr's example of nonviolent resistance because these protests are putting lives at risk. ------------------------------ <https://substack.com/redirect/180f1234-4072-4666-bb8a-e63e52452945?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *"Jesus was the greatest practitioner of nonviolence." <https://substack.com/redirect/bd4e011d-2465-4165-9d75-b6421521df37?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* "Gandhi was probably the first person in history to lift the love ethic of Jesus above mere interaction between individuals to a powerful and effective social force on a large scale. It was in this Gandhian emphasis on love and nonviolence that I discovered the method for social reform that I had been seeking. Christ furnished the spirit and motivation, while Gandhi furnished the method." —The Reverand Martin Luther King, Jr., from a 1960 speech, ‘The Rising Tide of Racial Consciousness <https://substack.com/redirect/498a5d32-a1d8-4ffd-8cd9-aaea7371e5ba?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>.’ Humility and a balance of perspective are required from both 'sides' of the political spectrum as the 'creative destruction' tsunami that is the norm for us in Silicon Valley is now engulfing our Federal government. The storm comes in the form of DOGE attempting to decentralize services and resources and modernize our government with the latest technology innovation and best operational practices. We must remember, however, that swift change often spurs fear and loathing within some and can even cost lives if we are not careful. (See our letter to readers below re: USAID cuts). ------------------------------ <https://substack.com/redirect/e3505e38-0c20-400e-9159-0af779dfd762?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *VCs poured $131.5 billion into AI startups <https://substack.com/redirect/2c481376-8d70-44d1-a883-5d37d1dff43b?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> in 2024— a 52% increase from the previous year.* Top VCs in AI for 2025 The following list presents the 27 venture capital funds that have invested in the greatest number of the 150 top private AI companies chosen for this year’s *Cryptonite 300 (C300) <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*. For Silicon Valley insiders, nothing is surprising about what firms are on this list. The Andreessen Horowitz <https://substack.com/redirect/add4e7ba-2483-4c6f-933a-289fe6b4a156?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> fund dominance, as in 10 more *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *deals than the venerable Sequoia Capital <https://substack.com/redirect/e6451cec-394d-485c-95f1-42139650f0e2?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *was a bit eyebrow-raising. It was interesting to see AI chipmaker Nvidia take over the helm from Intel Capital <https://substack.com/redirect/fc104465-f342-4acc-b00a-f4bc43cf2b84?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> (still on the list, just lower) as the most prolific corporate VC. ------------------------------ [image: The AlwaysOn 250 (2003 to 2015)] <https://substack.com/redirect/4e325862-9bde-4222-ad22-7f801008e0e2?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> The AlwaysOn 250 (2003 to 2015) <https://substack.com/redirect/4e325862-9bde-4222-ad22-7f801008e0e2?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> Anthony Perkins <https://substack.com/profile/1338763-anthony-perkins> · August 15, 2023 Read full story <https://substack.com/redirect/4e325862-9bde-4222-ad22-7f801008e0e2?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> ------------------------------ Based on our history of picking great private companies <https://substack.com/redirect/4e325862-9bde-4222-ad22-7f801008e0e2?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>, the bottom line is that the 27 funds on this list are going to make a sh*tload of money—and the AI VC action has just begun. According to our historical calculations, most of the great AI companies that will define the era have yet to be founded. <https://substack.com/redirect/e75e698c-8164-4a1c-8fdb-47bb9f9478f5?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *RIP Silicon Valley VC OG and NEA <https://substack.com/redirect/01412bf6-ba07-464c-80ad-6c5e04580ac0?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> Cofounder Dick Kramlich <https://substack.com/redirect/0caaf4bd-8670-4f78-b8af-cab23ac669dd?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> | 1935-2025 |.* Given the ‘deep tech’ nature of AI and quantum computing, it makes sense that the average top VC fund on this list was founded, on average, 26 years ago (appropriately 1999🎉), and over half the funds are from San Francisco/Silicon Valley. The average assets of management numbers (AUM) are now all north of $1 billion, with an eye-watering average fund size of $25 billion💰💰💰! AI is a resource and talent and cash-hungry trade, and it helps to be at the center of the tech universe. Global Silicon Valley companies backed by venture capital investors now generate half of the world's new jobs and wealth. It's good to take time once in a while to appreciate the crafty entrepreneurs and the swashbuckling risk investors who make it all happen! Keep up the good work, mates! <https://substack.com/redirect/7eb11d38-e784-416f-9a1c-12c904eaff01?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *The once and current AI VC King—**U Can't Touch This. <https://substack.com/redirect/29a0aa74-0f88-44f9-b0f4-74f30ed1c0c3?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> **Art courtesy of xAI (an Andreessen portfolio company) 😭😭😭* - Andreessen Horowitz, <https://substack.com/redirect/add4e7ba-2483-4c6f-933a-289fe6b4a156?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> *Menlo Park, CA, USA, Founded 2009, ($35 billion)* 28 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: xAI, Databricks, Mistral AI, Genesis Therapeutics - *NVentures <https://substack.com/redirect/cbfbe5d4-1609-47b8-9aa8-f8860d231eaf?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> (Nvidia), Santa Clara, CA, USA, Founded 2022* 26 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: xAI, Cohere, Databricks, OpenAI - *Sequoia Capital <https://substack.com/redirect/e6451cec-394d-485c-95f1-42139650f0e2?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *Menlo Park, CA, USA, Founded 1972, ($85 billion)* 16 C300 investments. *Top AI companies*: Harvey, Glean, xAI, Glean - *Coatue Management <https://substack.com/redirect/c09baea2-c8a8-4e30-816f-559fdb7f2656?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *New York, NY, USA, Founded 1999, ($50 billion)* 14 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: Scale AI, Hugging Face, - *Khosla Ventures*, *Menlo Park, CA, USA, Founded 2004, ($15 billion)* 13 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: Cognition AI, Rad AI, OpenAI - *Tiger Global Management <https://substack.com/redirect/cdc3aa6b-f1ab-4957-b73c-28a1aa3fe478?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *New York, NY, USA, Founded 2001, ($60 billion)* 13 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: Databricks, OpenAI, Databricks - *General Catalyst <https://substack.com/redirect/e5fbc049-bcb6-4788-950a-3cc7d5ea28a1?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *Cambridge, MA, USA, Founded 2000, ($28 billion)* 13 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: Hippocratic AI, Glean, Mistral AI - *SV Angel <https://substack.com/redirect/a157c7e8-fed6-4ecb-821b-377e51ed6669?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *San Francisco, CA, USA, Founded 2009, ($500 million)* 12 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: Anthropic, Cerebras Systems, Formation Bio ------------------------------ [image: Bulls are coming!—Top IPO prospects, the New World Order, living longer, and more rockin' stuff...] <https://substack.com/redirect/cca4b9d6-0da4-4eec-8e99-e4bbdd951a56?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> Bulls are coming!—Top IPO prospects, the New World Order, living longer, and more rockin' stuff... <https://substack.com/redirect/cca4b9d6-0da4-4eec-8e99-e4bbdd951a56?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> The Cryptonite Weekly Rap <https://substack.com/profile/146561965-the-cryptonite-weekly-rap> · Mar 16 Read full story <https://substack.com/redirect/cca4b9d6-0da4-4eec-8e99-e4bbdd951a56?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI> ------------------------------ - *Insight Partners <https://substack.com/redirect/c2a0255c-9963-4630-b7b1-2d72f4f85d35?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *New York, NY, USA, Founded 1995, ($90 billion)* 12 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: Hugging Face, Weights & Biases, Abnormal Security, Writer - *SoftBank Vision Fund <https://substack.com/redirect/83e5ab89-b06b-440b-aca3-28170085ea76?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *London & Tokyo, Japan, Founded 2017, ($100 billion)* 12 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: Perplexity, Safe Superintelligence (SSI), OpenAI - *Lightspeed Venture Partners <https://substack.com/redirect/b28fa7a5-9178-481d-9548-784a0bef7b4e?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *Menlo Park, CA, Founded 2000. ($18 billion)* 12 *C300 <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>* investments. *Top AI companies*: Anthropic, xAI, Mistral AI - *Spark Capital <https://substack.com/redirect/4d42048f-2b02-4fb8-ab39-7bf51ef6c143?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*, *Boston, MA, USA, Founded 2005, ($8 billion)* 12 * <https://substack.com/redirect/a9af6ab5-d8cc-4ca2-9f1c-2313f502a30c?j=eyJ1IjoiMXA1djB6In0.5Szn4CYVluYxbDPnqVhSiylyhBLFmwyRmnG-VvbUuSI>*