Rebecca Torrence
@RebeccaTorrenc5
Writing about startups and venture capital for Bloomberg @business. Let’s chat on Signal: rebeccatorrence.25
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Scoop! 1789 Capital, the firm where Donald Trump Jr. is a partner, is in talks to raise $3 billion, according to a person familiar with the matter.
Its latest Polymarket investment provides a window into the new fund strategy👇
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Scoop: SpaceX tried to acquire Cognition.
On the heels of its $60B deal with Cursor. w @nmasc_ @EdLudlow
Scoop w @shiringhaffary: OpenAI has completed a $7 billion employee tender.
OAI self-funded the deal, buying back shares from current and former staffers rather than tapping outside investors, sources tell us.👇
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SCOOP: Sequoia Capital has raised $10 billion under its new leaders—the firm's first fundraising haul since the shakeup.
We dove deep into @Alfred_Lin and @gradypb's revamped strategy, which includes around-the-clock dealmaking and bold AI bets like $2.5 billion on Anthropic👇
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