Eric Newcomer

2 weeks ago | newcomer.co | Eric Newcomer |Jonathan Weber |Madeline Renbarger |Tom Dotan

As Bridge founder Zach Abrams came to the stage yesterday at Breaking the Bank, I called him “the man of the hour.” Abrams’ decision to sell his stablecoin startup to Stripe for $1.1 billion has helped ignite global business interest in the low-cost, crypto-powered, money-moving technology among the traditional finance set. Visa is getting in on the action, planning to launch a stablecoin credit card with Ramp. Stripe has leaned in.

3 weeks ago | thenewstack.io | Eric Newcomer

NEW YORK — At the first-ever AI Agent Conference here last week, larger players lined up with startups to talk about their innovations in the booming AI agent software and services market. Program chair Ben Lorica, principal at Gradient Flow, told The New Stack that the idea behind the new conference is to get people together in the same room, compare notes and meet people from other places.

4 weeks ago | newcomer.co | Tom Dotan |Eric Newcomer |Madeline Renbarger

OpenAI steals Instacart’s CEO as Sam Altman’s negotiations with partner Microsoft are increasingly shaky. Secondary share sales have become the easiest way for VCs and LPs to land liquidity in this frigid exit market, but some can come at a steep loss compared to a startup’s 2021 valuation. Read on for exclusive data on the current prices for 60+ startups. We also have more details on OpenAI’s decision to call off its for-profit conversion, for now, in a win for Elon Musk.

1 month ago | newcomer.co | Eric Newcomer

It’s not too late to grab a ticket to our quickly approaching Breaking the Bank Summit in San Francisco on Tuesday, May 20. Attendees will get to participate in small group discussions with with the likes of Oak HC/FT’s Annie Lamont, Synctera’s Peter Hazlehurst, Treasury Prime’s Chris Dean, Canvas Prime’s Rebecca Lynn, and many more. We’re proud to announce that Ramp CEO Eric Glyman is joining our speaker roster, as are Tala CEO Shivani Siroya and Digits CEO Jeff Seibert.

2 months ago | newcomer.co | Eric Newcomer

Where technology and venture capital intersect: A deeply reported newsletter on the inner workings of the startup industry. Helmed by Eric Newcomer with writing from Madeline Renbarger. Over 100,000 subscribersBy subscribing, I agree to Substack’s Terms of Use and acknowledge its Information Collection Notice and Privacy Policy“Eric Newcomer is the rare Substack journalist who thrives on breaking news.