Happy to say Cedar's fully integrated approach to designing homes for urban living was recently featured in Austin Home Magazine, along with an important new addition to our team.
Our second product just hit $1M ARR 🎉
It was fun to retry all of our growth + product hacks on a newer startup and see that they were still effective
Collectively, Jenni AI is now above ~$8M ARR
Which means we're still on-pace to hit our $10M ARR goal by end of year 🫡
@mercebent@mercebent your opinion on pre-seed investors including these memos when sharing deals with downstream investors? helpful or should it only come from founders themselves?
In 1951, Henrietta Lacks' cells were taken without her knowledge or consent. Her cells, known now as “HeLa” cells, went on to become one of the most important tools in modern medicine, leading to breakthroughs in healthcare from the polio vaccine to cancer treatments. For 72 years, Henrietta’s family never saw a dime of the immeasurable value her cells generated and her story has since become a symbol of the need for ownership, transparency, and consent in healthcare.
We believe that blockchain technology has the potential to revolutionize almost any industry where transparency, security, and ownership are core and presents a tremendous opportunity to accelerate progress in healthcare and science
Today, we're excited to welcome @Amino_Chain to the portfolio as our first decentralized science (DeSci) investment!
We met @casparbarnes123 last year and were quickly blown away by his passion for healthcare and his depth in crypto. We were lucky enough to work closely with him this Spring throughout CSX London and by the end of the program we felt strongly that Caspar was the perfect founder to restore trust in healthcare and science with AminoChain.
AminoChain is building a decentralized biobank and L2 for an ecosystem of on-chain healthcare applications. AminoChain's technology connects enterprise medical institutions, enabling them to seamlessly transact medical data, while providing patients with transparency into how their biosamples are being used.
We are thrilled to lead AminoChain's $5M Seed Round and support Caspar and team on their journey. Welcome to the team @aminochain!
Introducing the opensource release of Pensar's code security tool!
Automatically fix security vulnerabilities in your codebase. Opensource. Free to get started.
Check out our blog post below to learn more about why we're making it our mission to solve application security.
Aalo has a new HQ in Austin Texas!
Last week we moved into our new 40,000 square foot facility, where we plan to build our pilot reactor factory line.
Our “product” isn’t just the Aalo-1 reactor, but is also the factory itself, which we're designing to produce dozens of reactors per year.
Stay tuned for more updates on what we’re up to in this new space! cc @AaloAtomics
https://t.co/tH4as92tSy
The @cedarbuild team has spent the past few months obsessing over every detail of HOME, and I've become convinced that much of the opposition to this generational land-use reform here in Austin comes from a place of not actually SEEING what the impact could be.
Dr. Roland Horne, an absolute legend in the geothermal industry from @StanfordEnergy, gives the best comprehensive overview of the new breakthroughs in geothermal I’ve seen yet in this seminar. Check it out if you are curious why geothermal is taking off. https://t.co/cbop1eO2pg
One thing I didn’t realize until later in life is how the incentives of an industry shape your mood, your outlook, and even your character. In early stage investing, the incentives reward optimists, so it literally pays to keep an optimistic outlook. In journalism, the opposite is true. In law, the incentives often reward finding the flaw or the anomaly. In litigation, a combative nature is rewarded.
It’s later in career when you realize that disposition matters. Looking back there were careers that were antithetical to my nature, even if I had the functional skills to do them well. This may sound obvious but not a single person ever told me this.
Great chart in the DOE Geothermal Liftoff report showing available public funding for geothermal compared to other technologies.
My suspicion is that despite this huge imbalance, it’s geothermal that will lead to the most clean energy and emissions reduction this decade.
You can't just walk into Hermès and buy a Birkin bag.
Instead, you need to have a history of buying other Hermès items.
In a class action lawsuit filed today, California consumers say that policy—tying the sale of Birkins to other products—is illegal.