#will-riley

#will-riley

Fermi's market cap has fallen from nearly $20 billion in October down to $3.4 billion as of April 20, including a nearly 18% dip on the news of the leadership changes.

Silicon Valley owes a moral debt to the country that made its rise possible, and free email is not enough to fulfill that obligation.

No one wants to write a shitty code base. You want healthy code. And so, what founders don't realize is, when you're not taking care of your health, you are shitty code. You are not beautiful code.

Cursor is nearing a funding round of at least $2 billion, with returning investors Thrive and Andreessen Horowitz expected to lead the financing at a $50 billion valuation. The deal terms are not final and may still change.

For most companies, there's roughly a 12-month period where the business is at its peak value, and then it crashes out. The companies that capture generational returns are often the ones where someone spies that moment instead of assuming the good times will get even better.

In March 2026, US startups raised $19.06 billion across 630 deals, a significant decline of 64.4% year-over-year from March 2025's $53.5 billion, which was heavily influenced by OpenAI's $40 billion mega-round.

For decades, personalized financial guidance has been too expensive, too generic, or too hard to access. ChatGPT is finally changing that.

In posts on X and an opinion column penned for The San Francisco Standard, Hoffman writes: "We in Silicon Valley can't bend the knee to Trump. We can't shrink away and hope the crisis fades. Hope without action is not a strategy -- it's an invitation for Trump to trample whatever he can see, including our own business and security interests."

In an era obsessed with shortcuts, overnight success, and polished social media profiles, adversity is often treated as something to avoid. Something unfortunate. Something that signals failure. That assumption is completely wrong. Adversity is not a flaw in the entrepreneurial journey; it is, in fact, the training ground, the pressure that sharpens one's judgment, accelerates their adaptability and forges the kind of resilience no accelerator, MBA or funding round can manufacture.