Dear Readers,

I know its been a few weeks since I last posted. I was working on a personal project, travelling and hoping to close out a few transactions. I am working on building out this community as a go to news source for the New York VC community, the growing intersection between AI and B2B SaaS, and tech news.

I was in SF last week meeting my friend Adam Silverman, the CEO of Agentops.ai whose company has been growing like gangbusters since his launch last fall. (I am publishing a video with him highlighting his platform in the coming weeks.)

As a New Yorker, much to my chagrin, there was energy around the SOMA area with hundreds of developers working on pushing AI capabilities. Perhaps because New York is so diffuse with different industries, you don’t notice the ambience, but in SF it is most certainly there.

Spending time with Adam and lurking on Agentops.io’s discord, shows the power of LLMs and how they can simplify tasks and how early we are in the AI development space.

I am also looking to build this out a larger community and presence. So I am going to be experiment with a few things as this iterates.

Finally, if you are interested in angel investing, I am starting my VC syndicate. Bear with me as this is a project in motion. Nonetheless, we plan do an upcoming deal shortly. For those interested in taking a look fill out the form here. 

You can also share updates with the channel by using this form.

News I Have Been Reading

I have been doing a deep dive into the toolings around Generative AI and learning more about Vector databases. Frankl, this is going to be one of the most exciting areas to come out of the B2B space.

Tech News

• I love gossip and sometimes there is nothing more interesting than reading good journalism that gets at the heart of the implosion of a well-known venture firm. Read 'The Dictator': Chamath Palihapitiya's Broken Professional Relationships  

• I have been somewhat frustrated by the lack public market activity for growth stage companies. Read about the people keeping that way. How Investment Banks Are Helping Canva, Stripe, Figma Stay Private

• Take a look at the Insights Agent market map featuring Agentops.io

Exciting Raises and Exits

• Cloud compute is getting expensive and there are now more and more layers for programmers to orchestrate to ensure they are maximizing their cloud compute costs. That’s why I am excited about Espresso AI raises $11M led by Daniel Gross and Nat Friedman. Data / AI / Machine Learning • Seed • New York, NY

• LanceDB is revolutionizing the AI landscape with its latest $8 million seed funding round, led by CRV with participation from . Specializing in multimodal data, the company is developing a database tailored for AI-era challenges using the innovative Lance columnar format. This new system promises high-performance, scalable, and cloud-native solutions for managing and retrieving complex data types like vectors, images, and videos. Data / AI / Machine Learning • Seed • Location SF.

• DocuSign acquires Lexion for $165M, for an interesting take on the CLM space read Zach Abramovitz. Future of Work • Acquisition • Seattle, WA

Events

This is a section in progress since I am building the plane while falling of the cliff. But come hang out with me during NYC tech week at Le Pain Quotidien 1309 Lexington Ave from 8:30 to 9:30 on June 5th.

Please fill out this form if you have a shout out or announcement you’d like to make.

Thanks and please like and subscribe if you haven’t already