Powerhouse venture capital firm Andreessen Horowitz is promoting Jennifer Li to general partner after six years at the firm.
She’s being tapped to help invest the new $1.25 billion Infrastructure fund managed by longtime a16z general partner Martin Casado.
The Infrastructure fund is part of the fresh $7.2 billion that the Silicon Valley VC giant just raised.
Li has been an investing partner on the Infrastructure team for a while, which means she was already writing checks and taking board seats.
Plus she’s one of only four GPs on the Infrastructure team.
That’s privacy by design.”The funding is notable in part because Cape appeal to users is not yet proven.
The latest round is being co-led by A* and Andreessen Horowitz, with XYZ Ventures, ex/ante, Costanoa Ventures, Point72 Ventures, Forward Deployed VC, and Karman Ventures also participating.
Those jobs may exposed him to users (government departments) who treated the security of personal information and privacy around data usage as essential.
(Cape today also announced a partnership with USCellular — which itself provides a MNVO covering 12 cellular networks, and Doyle said that it’s talking with other telcos, too).
Although payments for this might be anonymous, a user’s data is still routed through the network infrastructure of the underlying carrier, making a users movements and usage observable.
A couple of years ago, payments orchestration was a foreign term to many large companies Juan Pablo Ortega would speak to.
Today, Yuno has facilitated transactions in over 40 countries worldwide and is working with enterprise clients like McDonald’s, Rappi, Avianca and inDrive.
The global payments orchestration market is forecasted to reach nearly $7 billion in value by 2032.
Many of Yuno’s competitors focus on solving payment orchestration for small and medium businesses, and not many were building the infrastructure for large enterprises, Ortega says.
That new round of capital gives Yuno a valuation of $150 million, Ortega said.
The questions and answers website nabbed $75 million from Andreessen Horowitz (a16z), which will be used to power the growth of Poe, Quora’s AI chat platform.
Even developers who integrate bots with the Poe AI are eligible to earn money.
“In the last two years, the market has changed substantially, driven by rising interest rates and higher cost of capital,” D’Angelo wrote.
“Excluding Poe, Quora is cash flow positive, so all of this new funding will be used on Poe,” D’Angelo said.
“Currently, Poe is one of the top 5 largest generative AI-related properties, and creators have built 1M+ bots on Poe the platform.”
The fact is that they are rich ideologues announcing their intent to pay any politician who will advance their agenda, whatever that politician’s other views.
That tech is more important than people is fundamental to their approach.
For instance, supporting politicians who oppose basic civil rights just because they have a more hands-off tech regulation proposal.
In the first place, the idea that this one issue is non-partisan is risible.
They can’t expect us to believe that their understanding of lobbying and politics is this naive.
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