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A newsletter for communities, investors, angels, and founders
Power in Numbers
April 10, 2026
Welcome to PIN’d - our weekly newsletter where we pin (lol, bear with us) the most important tech/startup news of the week for aspiring angels, vc’s, startup investors, founders, etc. Expect a new weekly roundup from us every Friday morning!
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📰 This week’s best news
Oh MEDVi. The misleading valuation is almost the least of it. Even if you accept revenue as the relevant metric, how sustainable is that run rate for a company that just got an FDA warning letter, is facing a class action lawsuit for spam, has a key partner being sued over allegations that a major product doesn’t actually work, and is operating in an industry that regulators are actively trying to rein in?
Kyle Kosic, one of xAI's original co-founders, has left OpenAI to join Jeff Bezos's secretive AI venture, Project Prometheus. He will focus on AI infrastructure, according to the Financial Times.
SpaceX briefed its syndicate of 21 banks on IPO plans that would make retail investors a central part of the offering, a larger allocation than any IPO in history according to CFO Bret Johnsen.
Anthropic's revenue run rate has surged from $9 billion at the end of 2025 to over $30 billion, driven by accelerating demand for its Claude services. More than 1,000 business customers now spend over $1 million annually on the platform, a figure that more than doubled since February.
Zero Shot, a new VC fund built around a team of OpenAI veterans, has made its first close and is already writing checks. The five founding partners include former OpenAI head of applied engineering Evan Morikawa, original OpenAI prompt engineer Andrew Mayne, and researcher-turned-VC Shawn Jain, among others.
💰 Funding announcement highlights
Daydream, a San Francisco startup that combines SEO agents and human experts to manage organic search for businesses, raised a $15 million Series A round led by WndrCo, with First Round Capital and Basis Set Ventures participating. The company has raised a total of $21 million.
Noon, a San Francisco startup that uses AI to help designers create products directly from a company's codebase and design system, raised a $44 million seed round from Chemistry, First Round Capital, Scribble Ventures, Elevation Capital, and Afore Capital.
Yuzu Health, a New York startup that provides claims processing, payments, and administration systems for health insurance plans, raised a $35 million Series A round co-led by General Catalyst and Chemistry, with Anthropic's Anthology Fund, Bain Future Back Ventures, Timeless Ventures, Lachy Groom, and Neo participating. The company has raised a total of $40 million.
Tasklet, a startup building a cloud agent operating system for work, raised a $20 million round at a $175 million valuation led by Union Square Ventures and Lightspeed Venture Partners, with Y Combinator, Jeff Dean, Patrick Collison, and others participating.
Modus, a New York startup that invests in accounting firms and provides them with AI audit technology, raised an $85 million seed round led by Lightspeed, with Comma Capital and Garry Tan participating.
📚 Interesting reads of the week
Is the MEDVi story a total scam? Investor Kyle Harrison breaks down why the MEDVi story says more about the people reacting to it than about the company itself. His argument: MEDVi is not an AI company, it's a marketing layer on top of rented telehealth infrastructure built by two other companies with 700 employees.
Jack Dorsey and Sequoia's Roelof Botha argue that two thousand years of organizational design, from Roman legions to McKinsey matrix structures, have all been workarounds for the same constraint: humans can only manage a handful of people at once.
Elad Gil, one of Silicon Valley's most respected investors and a backer of SpaceX, OpenAI, Stripe, and Anduril, is publicly pushing back on the idea that every startup needs a co-founder.
OpenAI released a 13-page industrial policy memo outlining its vision for governing AI development, and some of its proposals could quietly reshape how capital flows through the startup ecosystem.
Mike Cessario built Liquid Death around a simple premise: assume your product is a commodity and win on brand instead. In a conversation with a16z speedrun, he explains why comedy is the one competitive moat that Coke and Pepsi structurally can't access.
In this episode of The 20 Minute VC, Marc Andreessen talks about what he actually looks for in founders, why most companies are carrying far more staff than they need, and why he thinks the labor displacement argument around AI is simply wrong. He also explains the logic behind a16z's $300 million investment in Adam Neumann and weighs in on whether chasing underdog founders is as smart as VCs think it is.
📌 Tweet of the week
💼 Who’s hiring in VC?
Looking to get into VC? Below are this week’s curated VC job openings.
500 Global is looking for a VC Analyst
Aditum Bio is looking for a VC Vice President
Entegris Ventures is looking for a VC Head
Second Sight Ventures is looking for a VC Associate
