Here’s a roundup of interesting startup links I came across today:
Opinion: Reforming Portland’s high-tax system will protect programs, not gut them – oregonlive.com
I’m not relocating my business. I’m not pulling my kid out of school. I’m not joining the quiet exodus to Clark County or the loud one to Arizona. I still believe in this place – deeply. But belief has its limits, and as a resident, taxpayer and business owner in Multnomah County, I’ve hit mine.
Nick Clegg on tech bros, Trump and leaving Silicon Valley | Nick Clegg | The Guardian
“But here’s the interesting thing.” His tone grows more scathing. “In Silicon Valley, far from thinking they’re lucky, they think they’re hard done by, they’re victims. I couldn’t, and still can’t, understand this deeply unattractive combination of machismo and self-pity.”
Global Investor Jeremy Kranz On Why Not ‘Everything Important Happens In Silicon Valley’
An early investor in Zoom, Coinbase and Snowflake, Kranz went on to launch his own venture firm, Sentinel Global, in August 2022 with the goal of “connecting visionary founders with real-world adopters.” In June, Kranz announced the close of the San Francisco-based firm’s inaugural fund, Sentinel Fund I, with committed capital totaling $213.5 million.
Skylight’s TikTok alternative adds community curators to the mix | TechCrunch
With Skylight’s 2.0 launch, the company is focusing on improved curation. Users can now create their own “curator” feed by posting and reposting videos or by using third-party tools to build their own custom feed. Soon, the company will integrate technology from the custom feed-building platform Graze to allow Skylight users to create those custom feeds inside its own app, as well.
Are AI unicorns starting to move beyond hype? – CB Insights Research
But beyond the hype, CB Insights Commercial Maturity scores highlight a shift toward increasing maturity among the AI companies hitting unicorn status. We highlight the trend below.
Exclusive | Inside Intel’s Tricky Dance With Trump – WSJ
But the truce came with a cost: In return for Trump’s support, the administration proposed taking an equity stake in the company. It decided to convert nearly $9 billion in grants—promised to Intel as part of the 2022 Chips Act—into a 10% equity stake in the company, an unusual arrangement that makes the government Intel’s biggest shareholder.