David Sacks, the Trump administration’s A.I. and crypto czar, has helped formulate policies that aid his Silicon Valley friends and many of his own tech investments.
Category: Venture Capital
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Kim Kardashian’s Skims Is Worth an Extra Billion Dollars
The apparel giant is now valued at $5 billion after a new fund-raising round, as it continues to grow its business.
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The 20-Somethings Who Raised $121 Million to Build Military Drones
Neros, a company founded in 2023 by former teenage drone racers, won a coveted Army contract and is gaining popularity in the defense sector.
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Gamma, a PowerPoint for the A.I. Era, Raises $68 Million
The five-year-old start-up, which has just 52 employees and is profitable, is now valued at $2.1 billion by investors including Andreessen Horowitz.
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Donald Trump Jr. Pitches ‘Patriotic Capitalism’ at Saudi Summit
His firm, 1789 Capital, has been investing in artificial intelligence and defense technology — and, he said, it has an “understanding” of President Trump’s plans.
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Whatnot Raises $225 Million as Investors Bet on Livestream Shopping
The start-up is among the biggest names in a fast-growing part of e-commerce that is effectively a kind of QVC for the TikTok era.
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Silicon Valley Has China Envy, and That Reveals a Lot About America
The fascination with China’s ability to build things America struggles with, from bridges to advanced tech, risks a dangerous miscalculation about what drives China.
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The Tech Right Gets Its Own Phyllis Schlafly
Katherine Boyle, an influential venture capitalist who is a friend of the vice president, thinks the country’s path forward involves cultural conservatism and more weapons production.
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The Rules of Investing Are Being Loosened. Could It Lead to the Next 1929?
A group of financiers is trying to convince the public to invest heavily in private equity and crypto — a risky gambit with some real 1920s vibes.
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Kalshi, a Fast-Growing Prediction Market, Raises New Funds
The fund-raising round comes as online prediction marketplaces gain mainstream prominence.
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Reflection AI Raises $2 Billion as It Aims to Compete With DeepSeek
The big fund-raising round was the latest sign of investor fervor for artificial intelligence companies despite concerns that the boom is overheated.
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Base Power, a Battery-Focused Power Company, Raises $1 Billion
The company, which leases out residential batteries as well as sells energy, is betting that it can profit from a new approach to soaring energy demands.