CM Weekly: Facebook’s Bad Week, Concentration Risk in Fintech, State of VC

Chris McCann's weekly newsletter on technology, startups, and venture capital.

Gm ☀️Two quick personal updates: 

  • I’ll be speaking at the upcoming Solana Breakpoint conference in November. If you’ll be around it would be great to say hi.

  • My partner at Race Capital, Edith Yeung, had a cover story in Business Insider about her seed investments in two Decacorns (FTX and Solana), check it out! 


Written by Chris McCann, General Partner @ Race Capital, former Greylock Partners. More about me.

🗞️ Tech News Last Week 

🤔 Deep Dive Posts

  • A great technical description on how and why Facebook went down for so long.

  • An exploration of concentration risk within financial infrastructure companies. 

  • CB Insights published their quarterly State of Venture Capital report. Pretty awesome to see that of the biggest deals in venture, Race Capital, was involved with two of them: FTX and Databricks.

🔥 Race Capital - Portfolio Jobs

Browse more open roles across our portfolio at Race Capital's Portfolio Job Board

This newsletter goes out to a wide membership base of founders, technologists, investors, and operators. Feel free to share with others, sign up here: Substack | LinkedIn Newsletter