rants

The venture capital stars were shining in Los Angeles this week at the Upfront Summit, an invite-only VC conference founded by Mark Suster and known for going all-out. AI was the talk of the town again and even some celebrities graced the stage, including Lady Gaga, Cameron Diaz, Katy Perry and Novak Djokovic. What may have been a little different this year, though, is that it’s been a tough one for venture capital and startups seeking venture capital. Keith Rabois, managing director at Khosla Ventures, briefly addressed rumors about what led him to leave Founders Fund earlier this year. Rabois didn’t come out and call people there “lazy,” though he did note that he knows founders who look elsewhere for talent.