Press Space to continue
Curated tech Twitter/X posts on AI, startups, and product development—signal without the doomscroll, updated on weekdays.
Press Space to continue
Press Space to continue
"To be clear, our friends at Newcomer didn’t have the initial story wrong, our own sources say: this was an about-face that is unusual for such a buzzy round and major investors involved. We get into means for each startup — and the developing AI assistant race — in more detail below." Always reassuring to read! Source is telling me Alex is right here. Forerunner and Menlo replacing Index as leads on the $1B Town round after Index backed potential rival Instinct. Drama!
SCOOP: Concerns from Instinct over conflicts have knocked Index Ventures out of leading a new round for fellow AI assistant startup Town. Town is now moving forward with a $90M raise at $1B co-led by two other firms, sources tell me at @UpstartsMediaCo. https://t.co/a8FP9pLNfx