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Filed 13–14 May · Spring '26View archive →
Portrait of Naval Ravikant
Naval Ravikant
In conversation · Issue 47

The most important act of a founder this decade will not be building. It will be deciding what not to build. Restraint is the unwritten chapter of every great company — and the next four years will reward it more than any cycle in memory.

From the long interview, Issue 47 · Read the full conversation →

The feed

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A smartphone displaying 'Venture' held by hands in an office setup. Ideal for business and startup themes.
Capital·Aug 31, 2026

Vijay Pande's VZVC: From Mega-Fund to Focused AI Bets in AI-Native Biotech

Vijay Pande pivots from a16z's $4B biotech practice to VZVC, a $150M solo GP fund focused on early-stage AI-native health care and biotech, redefining deep tech venture capital.

Editorial Desk
15min read
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Startup News·Aug 31, 2026

Oura's IPO Dilemma: $16B Target Amidst Lawsuits For Founders & Investors

Oura Health Oy eyes a massive $16 billion IPO, but a high-profile sleep data privacy lawsuit threatens to complicate its public market debut, highlighting critical risks for scaling founders.

Editorial Desk
16min read
Close-up of a yellow industrial robotic arm in action at a modern manufacturing facility.
Capital·Aug 30, 2026

a16z Launches $1.1B 'Machine Age' Fund for Physical AI A Strategic VC Shift

Andreessen Horowitz commits $1.1 billion to its new 'Machine Age' fund, signaling a major venture capital pivot towards hardware, robotics, and physical AI infrastructure.

Editorial Desk
9min read
A robotic hand reaching into a digital network on a blue background, symbolizing AI technology.
Strategy·Aug 30, 2026

OpenAI's New $175M Fund: Sole LP, Strategic Shift

OpenAI's new $175 million venture fund features the company as its sole limited partner, signaling a strategic shift to deeply integrate and control its AI ecosystem.

Editorial Desk
15min read
Flat lay of a modern workspace with tech gadgets and a startup financing cycle chart.
Strategy·Aug 29, 2026

David Tisch's BoxGroup: $750K Seed to $1B Cursor Exit Unconventional VC Strategy

BoxGroup's David Tisch turned a $750K seed in AI startup Cursor into a billion-dollar exit, proving that prioritizing founder vision over immediate product-market fit can generate exponential returns.

Editorial Desk
13min read

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