Keep pulling the thread on Sequoia Capital.
Anthropic is in discussions to raise $30 billion at a valuation exceeding $900 billion.
Salesforce spent $300 million on Anthropic tokens this year, with the usage being almost entirely for coding.
To justify the valuations of companies like Anthropic and OpenAI, they will need to capture approximately 20% of all R&D salaries as revenue.
Datadog reported its first billion-dollar revenue quarter, with 32% growth and ARR crossing $4 billion.
Figma's revenue growth is accelerating for the second consecutive quarter, and its Net Dollar Retention (NDR) reached a 2-year high of 139%.
The Cerebras IPO was priced at $185 per share and popped 68% on its first day of trading.
SpaceX has set June 12th for its IPO, aiming to raise $75 billion at a $1.75 trillion valuation.
The speaker predicts that SpaceX's stock will trade up to a $5 trillion valuation, driven by retail investors.
Sam Altman has offered $2 million in OpenAI tokens to every startup in the current Y Combinator batch in exchange for equity.
Recent layoffs in the tech industry include 4,000 at Cisco, 875 at LinkedIn, 8,000 at Meta, and 16,000 at Intuit.
The speaker predicts that OpenAI may file for an IPO as soon as Friday.
Anthropic's latest fundraising round includes investors such as Sequoia Capital, Altimeter Capital, and Dragoneer Investment Group.