Michael Bodley

Crossover firms really leaned into their name in Q1: They concentrated their venture investments into fewer, much larger pre-IPO bets—making an 11-fold jump in deal value from Q4 2025, according to new PitchBook data.

Series D startups are operating with nearly a third fewer employees than they did at their peak in 2023, according to new data from Carta , underscoring that AI is reshaping startups into leaner teams.

The legal dispute highlights the internal issues that can arise as companies remain private longer.

Investors are closely watching SpaceX's Starlink revenue, as well as its xAI integration.

Investors are closely watching SpaceX’s Starlink revenue, as well as its xAI integration.

Even in a much-improved startup market, earnouts remain a more prevalent fixture in M&A.

Early-stage venture firm 1517 Fund has sued the California regulator that’s overseeing the delayed rollout of a controversial new portfolio diversity disclosure requirement, claiming the law is unconstitutional. It’s the sharpest pushback yet from VCs, who have called the rules an overreach that burdens investors and the startups they fund. The complaint appears to be the first lawsuit over the California Fair Investment Practices by Venture Capital Companies Act. The lawsuit was filed Thursday

With huge demand expected at the IPO, SpaceX is hoping to smooth out the stock’s future.

With huge demand expected at the IPO, SpaceX is hoping to smooth out the stock's future.

Michael Sonnenshein, one of crypto's longest-tenured executives, is stepping back from the industry to join an AI-focused venture capital firm, he told PitchBook exclusively.