CapitalX㊙️

Love working with unicorns🦄 @CindyXBi early stage rolling funds (Fund II coming soon)

[CapitalX㊙️ @CapitalX_]

@e01_9 @CindyXBi Active Criminal Investigation #24-217742 by the VA Commonwealth: Kidnaping

[rahul @0interestrates]

Julius has raised a new round of funding from some great investors like @BessemerVP @sandykory @ycombinator @natfriedman @8vc and angels like @rauchg @amasad @AravSrinivas @akothari @mikeknoop @arashf @eoghan @gokulr @balajis @pk_iv @swyx @lukeharries @typesfaster + some more amazing folks

there’s no shortage of data, there’s a shortage of insights and Julius is here to fix it

[Wade Foster @wadefoster]

Had a blast on the My First Million podcast.

Showed @theSamParr 4 AI Workflows I built in under an hour

(which are now saving me 20+ hours a week)

1. Instant Dossier: turns messy bios into clean exec briefs
2. Harvard MBA Agent: reads strategy docs so I don’t have to
3. Inbox Zero Agent: clears my inbox with built-in guardrails
4. Fraud Detector: flags sketchy reimbursements before they hit my desk

Check them out in the full episode below

Big thanks to Sam, this was a really cool experience.

[Jacob Fortinsky @j__fort]

Novig HQ is live.

We started in a dorm room. Then came the SF Airbnb when we were in YC. A flex-wall apartment in LES. The WeWork in Dumbo. And finally, a sublease in Soho.

Each played its role. But this one feels different.

We're as hungry as ever and just beginning.

The next chapter of Novig starts now.

We're going to be hosting lots of events for the NY tech, sports, and prediction market communities, so stay tuned...

[David Hsu @dvdhsu]

We can’t wait to see what you build. Reply with a ⚒️ by end of day and we’ll give you 40 free hours of agent runtime on our fastest model. (A whole workweek!)

Read more here: https://t.co/FiszgYEf26

[Adam Guild @adamguild]

I’m feeling blessed to share: Owner raised $120M Series C and is now at a $1B valuation 🦄

Mom-and-pop restaurant owners are being crushed by huge corporations.

We’re using this cash to arm them to fight back.

•

This round was co-led by 2 perfect partners for us:

Alex Kurland from Meritech, who led DoorDash’s Series B, and Shalini Rao from Headline, who led Toast’s Series C.

They were also joined by an inspiring group of new investors: Fidji Simo (CEO Instacart), Jonathan Neman (CEO Sweetgreen), Garrett Langley (CEO Flock Safety).

& still more inspiring new investors...

Dharmesh Shah (CTO HubSpot), Josh Reeves (CEO Gusto), Shaan Puri (MFM), Matteo Franceschetti (CEO Eight Sleep), Anthony Pompliano, Sahil Bloom, Christina Cacioppo (CEO Vanta), Brett Schulman (CEO Cava), Matt Maloney (Founder & CEO GrubHub).

… just to name a few. :)

•

Today, technology is being weaponized against small business owners.

Corporations like Domino’s dominate. Why?

Because they spend billions on tech, engineers, and marketers.

•

Small business owners are forced to compete with corporations that have massive war chests.

But with Owner, they can do more than compete. They can win.

We’re building the platform that gives them the power.

We serve the people who serve our communities.

•

I started Owner 7 years ago, after dropping out of high school halfway through 10th grade.

The first version of Owner wasn’t built for venture capital.

It was built for my mom.

She’s a small business owner who just needed a shot at success in the digital world.

•

I remember watching her worry that we’d lose her business and our house. In a moment of desperation, she asked her weird :) nerdy 17-year-old son to help her.

I built a solution for her. That was Owner V1. When it started to work, I saw my mom transform.

She went from being constantly stressed about money to feeling hopeful and excited about her future.

The Owner team has now seen that same transformation happen for thousands of small business owners like her.

That’s what drives us.

•

You can think of Owner as Shopify for restaurants—and, eventually, all local business owners. It gives them everything they need to succeed in the online future, in one place.

Owner is their website, online ordering, mobile app, CRM. It all works together as one system.

•

Owner is also continuously optimized with what we learn from the thousands of restaurants and the more than 57 million consumers who have used our platform.

It’s the only system designed for one outcome: growing sales profitably.

It gives independent owners enough firepower to take on the big corporations, and win.

•

Shoutout to the great team at @Owner —

You deserve the credit for getting us here.

I thank God every morning that I get to build Owner with each of you. We wouldn’t be here without you.

We have a special team. Each of you represents greatness.

•

And shoutout to the best cofounder and CTO I could ever ask for, @DeanBloembergen.

His work ethic and genius are as impressive as his character.

I view partnering with Dean as one of the best decisions I’ve ever made.

•

I’m proud of Owner today.

But I also feel scared that people will see our unicorn valuation and think “we’ve made it.”

So let me be brutally clear. We HAVE NOT made it.

And if we start to believe we have, we never will.

When investors value us at $1B, it’s because they see potential.

Our investors see the POTENTIAL for us to build a company worth tens of billions.

We have to prove them right.

And we must also prove right the thousands of restaurant owners who’ve bet their futures on us.

•

We’re still underdogs. We still have a long way to go.

We didn’t come this far just to come this far.

It’s time to move faster, build better, and fight harder!

We have millions of small business owners counting on us.

[Keith Corso @KeithCorso1]

I’m hiring our first Marketing & Events Lead at BusRight.

We’ve grown revenue 2x+ YoY for the last 4 years, all without a formal marketing function. Now we’re ready to put fuel on the fire.

The role is based in our NYC office.

Interested in learning more? Feel free to DM me.

[TBPN @tbpn]

We asked @TopherHaddad to break down what @Albedo does.

"We started 2020 in @ycombinator."

"Albedo builds satellites that fly in VLEO (Very Low Earth Orbit) and capture clear images."

"It's a breakthrough in terms of the data quality and costs."

[Jorge @jorge_sfo]

They’re building a stablecoin payment network, so of course they raised mostly in stablecoins. Gotta love how they stay on brand

[Jorge @jorge_sfo]

Had a great time talking with @pedrouid and @miamislice about the future of wallets.

We discussed wallet security, UX, x-chain interop and making crypto more usable.

Big things coming. Let’s build! 🚀

[Cindy 旭 Bi @CindyXBi]

@Wenitte1 @iamfaranna Time is more valuable than money for smart founders.

https://t.co/x09f80xWoW

[CapitalX㊙️ @CapitalX_]

It’s a privilege to be able to do so with “calculated courage”.

It’s also the most accountable decision to generate long-term outcome, for the better.

[Topher Haddad @TopherHaddad]

This past weekend, @Albedo turned 4 years old.

5 years ago, President @realDonaldTrump tweeted a satellite image that - based on its 10 cm resolution - experts concluded was from a top secret reconnaissance satellite.

2 years ago today, that same image was officially declassified by NGA.

People speculate that those satellites cost taxpayers $1B-$2B each.

In 4 months, Albedo’s first satellite Clarity-1 will launch into VLEO and capture 10 cm resolution. Our Clarity satellites are $15M each to build.

In 2 years, the target for completion of @DOGE, I'm hopeful that Albedo's innovation is being leveraged to its fullest - for our Nation, our Allies, and our tax dollars 🇺🇸

[Cindy 旭 Bi @CindyXBi]

Congrats on @northflank's $22.3M fundraising, led by @BainCapital etc.

#proudinvestor since 2020, one of my first few personal checks.

[Cindy 旭 Bi @CindyXBi]

My fund got some X holdings at $20B valuation from a portco's acquisition 18 months ago.

Never bet against @elonmusk to a new level.

Feeling so bullish 😃

[Cindy 旭 Bi @CindyXBi]

X is my name initial since decades ago 😇

[Cindy 旭 Bi @CindyXBi]

Storytelling is why human beings have language - even faith started with lots and lots of stories.

[Cindy 旭 Bi @CindyXBi]

@rohitdotmittal Proximity is power - @ShaanVP

[Cindy 旭 Bi @CindyXBi]

“ The optimal approach might be a core team working together physically,

supplemented by remote team members who can maintain momentum across different time zones.”

I see this trend in early stage startups this couple of years.