SaaS isn't coming back - It's Ai or Nothing.

The agentic shift isn't an upgrade to the software model — it's a replacement. Here's what this week's $4B+ in AI rounds tell us.

Tech & venture capital, with the VC take — Thursday, June 19, 2026

The AI race has become a balance-sheet contest -- even cash-rich Alphabet is now raising equity to keep funding it, and Warren Buffett just wrote the check.

New AI Startup Valuation vs Revenue: Why the Multiple Is Meaningless Before $10M ARR

In 2026 AI startups raise at 100x revenue, and some raise at $1B+ before booking a single dollar

I went viral (1M+ views!): NYC summers hate your weekends.

I went viral last week for my fun data, analytics and Ai project

SpaceX S-1 Breakdown: The Financials Behind the Largest IPO Candidate in Tech

At a $350B valuation and $4.694B of Q1 revenue, SpaceX would be valued at roughly 18.6x annualized Q1 revenue.

IPOs are not broken. Reality just changed

The data tells a very different story than the common narrative that “the IPO market is dead.”

Palantir Was Right; Tech + Service = Ai Adoption

Canals are a better metaphor for modern defensibility than moats.

The next great moats may not look like walls at all.

Moats are dead. Long live canals.

Moats protected kingdoms. Canals created civilizations.

OpenAI just made its Instagram/YouTube type acquisition

And it fits exactly with where they are heading.

📊 The 2025 IPO Reality Check

A ValueAddVC Deep Dive

I Wrote A Book; The Value-Add VC Handbook!

A practical guide to understanding how venture capital actually works in the AI age

VC vs PE Performance: The Data Beneath the Narrative

Performance has stabilized, but liquidity has not fully returned.

The Era of Valuation Compression

How 71 public tech companies went from peak ZIRP multiples

Inside 49 VC Funds: The Data Behind Venture Capital’s Scale Problem

Does size matter?

Agents, Stablecoins, and the “Death of Interchange”

Visa, Mastercard and American Express will be just fine

Value Add VC is Live!

The Hub for All Things VC and More.

I think, therefore I build

We're now only limited by our creativity and agency to execute

It Was the Best of Times. It Was the Worst of Times.

Venture, SaaS, and Startups in the AI Era

Why Did Capital One Just Spend $5B+ to Buy Brex?

The quiet battle for the future of digital payment rails

SaaS isn’t dead. It just isn’t the main character anymore.

We need to build castles now to protect our data, not moats to protect the business

a16z, Fund Size, and the Math of Outsized Venture Returns

Why scale does not break venture returns when ownership, duration, and market structure change

Enterprises Now Have to BUY Because They Can’t BUILD

Internal teams cannot replicate specialized technology, data moats, and domain expertise fast enough to stay competitive.

The Great, Good, Bad & Ugly of VC Fund Economics

What the newest Carta data actually reveals about how venture funds operate

140 Vertical AI Startups Worth over $120B Are Reshaping the Industrial Economy

A new dataset of category-defining companies reveals where AI value is actually accumulating — and why the next decade will belong to founders building inside high-stakes industries.