Satellites Leave the Venture Sideshow
Venture capital has spent decades treating space as a glamorous place to lose money.
Markets
5 articles
AI Is Splitting the Venture Software Market in Two
Markets Two multiples now govern software: one for companies with customers, another for companies with a story about owning the future of computing.
AI’s Next Chip Bottleneck Has a Memory Problem
For much of the AI boom, investors treated Nvidia’s graphics processors as the scarce asset and everything surrounding them as plumbing.
The SaaS IPO Pipeline for H2 2026 Is the Strongest Since 2021
Stripe, Databricks, and Canva are eyeing public markets. Together they represent more than $250 billion in potential market cap entering public markets — but the question is whether public investors will match their last private valuations.
Private Equity's Software Portfolio Is Generating Bond-Like Returns With Equity Risk
The enormous software portfolios assembled by PE firms from 2018-2022 are sitting on a valuation gap that continuation funds are papering over — not fixing.