CM Weekly: Pre-Seed vs. Seed, AWS’ Run Rate, Vertical Clouds
Chris McCann's weekly newsletter on technology, startups, and venture capital.
Written by Chris McCann, General Partner @ Race Capital. More about me.
🗞️ Interesting Reads
One investor’s definition on the difference between pre-seed and seed funding rounds
The banking sector's woes continue to happen with First Republic most likely being taken over, and Cross River Bank having enforcement against it.
Microsoft reported 2,500 OpenAI enterprise customers, 10K Github Copilot business customers.
Overview of the architecture developers are using to build LLM powered applications.
Key takeaways from the KubeCon conference last week, all about DevOps and platform engineering.
While all the attention is on the large cloud players (AWS, GCP, Azure) vertical specific cloud providers are also thriving. Seeing this firsthand with one of our portfolio companies Zeet as well.
AWS is on a $85B run rate, Azure is $60B, and GCP is $30B.
🔥 Startup Jobs
By Company: Databricks, GoodNotes, Zeet, Polysign, Opaque, Lightning Labs, OtterTune, and more
By Role: Engineering, Data Science, Product, Design, Operations, Finance, Legal, and more
By Location: SF Bay Area, New York, London, and Remote
Browse more open roles across our portfolio at Race Capital's Portfolio Job Board.
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