Sublime

1/ New Lux Capital letter to LPs — Q3 2023 theme: “ REALISM ” let’s get real…

More firms are incubating companies as early-stage valuations rise. A few successes: • Snowflake ($49B mrkt cap) by Sutter Hill Ventures • Affirm ($6B mrkt cap) by HVF Labs • Hims & Hers ($1.3B mrkt cap) by... See more

napoleon bonaparte’s heir runs a search fund to buy small cap services business https://t.co/NGMTYppewu

Lovable just raised $200M at a $1.8B valuation led by Accel. This all started unexpectedly with me calling my friend at 6AM to go for a walk. I've never shared this story before: (thread) https://t.co/6AEmzsw3HQ