CM Weekly: Chief Product Officer, Asking Dumb Questions, U.S. Super Apps
Gm. One quick personal update this week:
FTX, one of our portfolio companies at Race, raised $420M from 69 investors. Proud to have backed FTX in the seed round and continue to be one of their 69 investors. :)
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Written by Chris McCann, General Partner @ Race Capital, former Greylock Partners. More about me.
🗞️ Tech News Last Week
Paypal is looking to acquire Pinterest, would be an odd couple.
Linkedin is retreating from China.
The first ETF focused on Bitcoin traded on the NYSE.
Apple announced the newest laptops, M1 Pro/Max series.
🤔 Deep Dive Posts
Enterprises are expected to spend $4.5 trillion ($T!!!) on software and technology, primarily infrastructure.
Asking “dumb” questions is the best way to learn.
A deep dive into what a "chief product officer" actually does all day long.
Outside of the US it's common to have “super apps” (think WeChat) that cover many different products and services, but in the US this doesn’t really exist. Jason Mikula dives into why this is the case.
🔥 Race Capital - Portfolio Jobs
Polysign: Senior BSA Analyst (New York, NY)
FTX: Full Stack Developer (Miami, FL)
Opaque: Technical Recruiter (Berkeley, CA)
Opaque: Product Designer (Berkeley, CA)
Opaque: Developer Evangelist (Berkeley, CA)
SocialChat: Operations Manager (San Francisco, CA)
GoodNotes: Back-End Team Lead (London, UK)
Browse more open roles across our portfolio at Race Capital's Portfolio Job Board
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