Dustin Moring

GP @ Mischief. Previously head of product at Cash App.

[a16z @a16z]

We’re thrilled to lead Town’s $55M Series A.

Town is a personal AI assistant that works across the tools you already use - email, calendar, Slack, docs, WhatsApp, desktop, web. It learns how you work and starts proactively pitching in.

People are already leaning on Town for the kind of work that’s personal and operationally messy: running recruiting pipelines, juggling school logistics, processing handwritten grant requests, prepping summaries, drafting follow-ups, catching the stuff that would otherwise slip.

The longer you use it, the more it picks up: your voice, your relationships, your preferences, your routines, what you actually care about.

Jean-Denis Greze and Tony Vincent are the right team for something this hard. JDG was CTO at Plaid and an engineering leader at Dropbox. Tony led product and AI at Google and design at Dropbox.

Welcome, JDG, Tony, and the Town team, to the a16z family.I

By @arampell and @venturetwins

[Avi @AviFelman]

You can only buy Bitcoin when everyone has left it for dead.

The beauty of the asset is not that it goes up, it’s simply that it provides extremely easy bottom entries compared to the rest of the world.

At some point, it will go sideways. Everyone will leave it for dead, and then it will rerate higher massively.

The key is to wait for the economist to put out an obituary.

[Pierre Rochard @BitcoinPierre]

Saylor / Strategy selling a few raspberries isn’t causing bitcoin to crash. The reality is that there is a massive parabolic spike in AI-related equities that is vacuuming up all excess liquidity, multiples of bitcoin’s market cap. On top of that, labor market is healthy and energy prices are up, so sentiment for dovish rate cuts is nowhere to be found. Bitcoin’s fundamentals have never been better even if the macro environment isn’t doing it any favors.

[Tommy @Shaughnessy119]

It feels very non consensus to own $BTC given competing crypto alternatives (revenue generating ones like Hype, Venice, all of which are great) and AI exposure (openAI, Anthropic) but I feel BTC does well regardless of the path we go (UBI means mass money printing for people if AGI replaces everything which is good for BTC) or (Mass money printing if the AI trade slows and we need to bail out the world)

[Rob Hadick ＞|＜ @HadickM]

They just keep on executing

[Dustin Moring @DustinMoring]

Huge

[Alex Calder @ATCalder]

Today, we dropped the price of enterprise AI by 80%.

Same frontier AI. Same chat, cowork, and code experience.

Just 5x more tokens for the same spend.

Here’s how and why. 👇 Also, we made a video. Please enjoy.

[OBJ @owenbjennings]

turns out running a model agnostic agent harness like @goose_oss at scale so you can route to local or open source models when it makes sense and cutting edge frontier models for the most complex work is pretty smart

[Marc Andreessen 🇺🇸 @pmarca]

The confounding factor is that virtually every big company is overstaffed by 2-4x and has been for decades. AI is the catalyst/excuse to finally fix that. Of course nobody wants to say this out loud.

[Slope @slopepay]

At Slope, we power embedded capital programs for some of the largest platforms in the world (Amazon, Walmart, Alibaba, IKEA, Samsung) with a team of just 23 people. To support our growth without hiring, we built an AI agents platform from scratch for our risk, CS, and ops teams.

[Andrea Michi @andreamichi]

depthfirst has raised an $80M Series B at a $580M valuation.

Attackers are using AI to break into systems faster than ever before. depthfirst is on a mission to stop this.

RT + Comment “depthfirst” and I’ll send you a FREE vibe coding security agent.

[Sumeet Vaidya @sumeetvtweets]

Writing code is no longer the bottleneck.

AI agents are already opening pull requests, monitoring repos, and writing meaningful code.

The real bottleneck is validating that code safely against real infrastructure.

Today we’re announcing what we built to fix that.

[Michael B. Gilroy @MBGilroy]

I have frequently called this a completely broken stock for a while. What was once a talent vortex became a talent drain. This is one of the most strategically positioned businesses in the world owning both the merchant & consumer.

Their banking licenses and years and years of relationship with the regulators are a real tangible moat. With @jack in founder mode and full blown deployment of AI we may see one of the true fully closed loop businesses in the US (issuer + acquirer). The holy grail and a stock that can 10x from here.

[Matt Hougan @Matt_Hougan]

The conspiracy theories are wild. First it was Binance and then it was Wintermute and then it was an unknown offshore macro hedge fund and then it was paper bitcoin and. today it is Jane Street and next week it will be someone else.

The real reason bitcoin is down is that a bunch of people who were long Bitcoin sold their Bitcoin exposure. They sold it via spot, they sold it by unwinding leveraged positions, and they sold it be writing calls against their bitcoin.

They sold because of the four year cycle and because of quantum fears and because they wanted to invest in AI start ups and for other reasons.

They are mostly done selling and we are in the process of bottoming. We will set new all time highs in the future.

This is a classic crypto winter and there will be a classic crypto spring. People want someone to blame — I get it — but the reality is far more boring than that.

[Keith Rabois @rabois]

The AI era will not be friendly to startups who chased revenue traction at the expense of accumulating advantages (or 7 Powers).

[Keith @nagy_minaj]

BREAKING: Trump brutally lawmogged by SCOTUS for tariffmaxxing, a decision sure to spike White House’s cortisol

[Warp @warpdotdev]

Introducing Oz: the platform to orchestrate agents in the cloud.

Spin up hundreds of agents from your terminal, browser, the API, or your phone. Each agent gets a @docker environment to build, test, and write PRs.

Come back from your lunch break to code that’s ready to merge.

[Alex LaPrade @alexlaprade]

Some off the cuff thoughts for $RNBW holders after today.

I still strongly believe there was no better day for TGE than today.

1. Back in December, we made a public commitment to a TGE date of February 5, 2026. We flexed our execution muscle to deliver on that date both operationally and from a product/engineering perspective.

2. We got a novel token design (with Class F shares) in market. I would rather be in market, in the arena rather than sitting on the side lines trying to perfectly time the market.

When given the option to lean on the easy excuses of “the market” or kicking the can down the road and delaying TGE due to “market conditions,” we gritted our teeth and chose the harder path.

TGE isn’t the finish line. Having a token live in market brings more scrutiny — both positive and negative.

We still believe in the opportunity immediately ahead of us.

With the proliferation of stablecoins, it’s clear to us all of finance is migrating onchain. The products and companies we are actually competing with are closer to banks, TradFi institutions, and fintechs like Robinhood or CashApp.

We’re well positioned to build the onchain versions of these existing businesses before they themselves can move onchain.

Lastly, you’ll probably get sick of saying this in the upcoming months and years, but I truly believe in the famous Ben Graham quote “In the short run, the market is a voting machine, but in the long run, it is a weighing machine”

As long as we continue to focus on building a great business driven by a great product, eventually the market and price will take care of themselves.

[Dustin Moring @DustinMoring]

congrats @adisidapara and team, proud to be early backers. can't wait for the next stage of the journey!

[Adi Sidapara @adisidapara]

Today, I'm thrilled to share that @Garden_Intel is being acquired by SIM IP for $150m — creating the world's leading IP monetization and licensing platform.

SIM IP started off as our customer, and as we spent more time with them among hundreds of other users, we realized that to truly change the market we operate in, we had to vertically integrate to build a one-of-one software enabled business.

To say this journey has been surreal would be an understatement.

I started Garden from my Stanford dorm room as a senior with a laptop and a thesis: reasoning models and better search could help average people understand patents. Little did I know the impact it would have in unlocking the trillions of dollars of untapped value sitting in patent portfolios around the world.

I was a 22-year-old first-time founder who had never raised a dollar, never hired anyone full time, and if we’re being honest, had no idea what I was doing at some points. So many people took a bet on me when they had every reason not to. I will never forget that.

To my team — you are the reason we're here. You believed in a weird idea about AI and patents before it was obvious. You worked nights, weekends, and through moments when the outcome was far from certain. We faced rejection over and over before our use case became obvious. This is your win.

To our investors — thank you for backing a kid with a 5 page memo and a dream. Your conviction gave us the runway to build something real. We made a lot of pivots before we got to something tangible, so your raw conviction in our team is something I will never take for granted.

To our customers — thank you for taking a bet on us and helping usher in the everyday use of reasoning models in patent litigation and prosecution.

To our competitors - thank you for forcing us to be better everyday.

As part of SIM IP, Garden becomes the technology engine behind a pure-play licensing and royalty company that is scaling nine-figures in revenue. We're not just analyzing patents anymore — we're building the infrastructure that will define how innovation is valued and monetized for decades to come.

The mission hasn't changed. We're still obsessed with the same problem: less than 2% of patents ever generate revenue for their inventors. That's a market failure. And now, we have the scale, capital, and team to fix it.

I'm eternally grateful for how far we've come — and even more excited for what's next.

[Adi Sidapara @adisidapara]

Today, I'm thrilled to share that @Garden_Intel is being acquired by SIM IP for $150m — creating the world's leading IP monetization and licensing platform.

SIM IP started off as our customer, and as we spent more time with them among hundreds of other users, we realized that to truly change the market we operate in, we had to vertically integrate to build a one-of-one software enabled business.

To say this journey has been surreal would be an understatement.

I started Garden from my Stanford dorm room as a senior with a laptop and a thesis: reasoning models and better search could help average people understand patents. Little did I know the impact it would have in unlocking the trillions of dollars of untapped value sitting in patent portfolios around the world.

I was a 22-year-old first-time founder who had never raised a dollar, never hired anyone full time, and if we’re being honest, had no idea what I was doing at some points. So many people took a bet on me when they had every reason not to. I will never forget that.

To my team — you are the reason we're here. You believed in a weird idea about AI and patents before it was obvious. You worked nights, weekends, and through moments when the outcome was far from certain. We faced rejection over and over before our use case became obvious. This is your win.

To our investors — thank you for backing a kid with a 5 page memo and a dream. Your conviction gave us the runway to build something real. We made a lot of pivots before we got to something tangible, so your raw conviction in our team is something I will never take for granted.

To our customers — thank you for taking a bet on us and helping usher in the everyday use of reasoning models in patent litigation and prosecution.

To our competitors - thank you for forcing us to be better everyday.

As part of SIM IP, Garden becomes the technology engine behind a pure-play licensing and royalty company that is scaling nine-figures in revenue. We're not just analyzing patents anymore — we're building the infrastructure that will define how innovation is valued and monetized for decades to come.

The mission hasn't changed. We're still obsessed with the same problem: less than 2% of patents ever generate revenue for their inventors. That's a market failure. And now, we have the scale, capital, and team to fix it.

I'm eternally grateful for how far we've come — and even more excited for what's next.

[Coinbase Markets 🛡️ @CoinbaseMarkets]

Assets added to the roadmap today: Rainbow (RNBW) and RaveDAO (RAVE)
https://t.co/lyEugQo7Cv