😁 New faces to the DRF family
💸 Plus Jack Dorsey stepping off Twitter
🚀 community updates
FiscalNote, DC-provider of services used to track government policy, went public!
Snackpass aquired Sleek: The mobile ordering app popular with college students purchased another service to allow customers skip long lines.
Hightouch grabbed third funding round in 12 months. They democratize data so that anyone can use data without needing to rely on an engineering team.
📎 tech news
CEO Jack Dorsey logged off Twitter: For 15 years, Dorsey established an iconic presence in Silicon Valley. But he also earned a reputation for distancing Wall Street people and being chaotic. He’s faced pressure to step off since he’s also the CEO of payments company Square, and shortly after his resignation, Twitter’s stock price soared.
$$$$ … Microsoft CEO Satya Nadella sold half his shares for “personal financial planning and diversification reasons,” The Wall Street Journal reported.
Yikes … Robinhood hack exposed emails of five million users and the full names of two million people. No social security, bank account, or debit card numbers were exposed.
Crazy Rich Asian problems: SoftBank suffered a loss of $54 billion after the Japanese investor loses big on Alibaba stake from China’s tech crackdown.
More rich people shenanigans: Ken Griffin, head of Citadel, won a $43.2 million bid to buy rare copy of the U.S. Constitution in a contest against crypto fans known as ConstituionDAO
Vroom, vroom: After Tesla and Toyota, Rivian is now the third most valuable automaker
We’re on a roll with The Wall Street Journal: Tesla stock prices fell after Musk signaled he may sell a $21 billion stake.
Politicians back at it: Sen. Amy Klobuchar and Tom Cotton introduced legislation to block Big Tech companies from buying up rivals. Think Facebook buying up WhatsApp and Instagram — $$ + power.
Uh oh, shares be falling: Peloton shares plummeted the most ever for underestimating the impact of economic reopenings
Let’s move it, move it: India’s Zoomcar raises $92 million to expand car rental and Lime raises $523 million pre-IPO
☄️ an ask me anything, tonight!
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💡updates from the DRF family
👪 New faces!! Top: SF gathering + bottom: Boston
📂 new startup + VC jobs
Wefunder: paid legal intern
Cowboy Ventures: winter internship
Duolingo: strategy and business operations intern
Alloy Automation: content intern
SwiftSku: sales account executive + backend python engineer
Ash Wellness: engineering lead
Alchemy: founding engineers
BBG Ventures: new analyst
Prelay: multiple roles, including sales and engineering
Wefunder: inbound growth lead, head of talent
Beni: engineers
Founder Collective: MBA associates in NYC and Boston
Utopia Labs: founding engineer
Dynaboard: senior product manager, community and operations lead
📌 and if you missed it the first time round…
Levro: first business hire (SF)
Arthur: frontend engineer (NY)
letterdrop.com: customer success/ops (NY, SF, remote)
DigitalBrain, unified workspace: product design member (NY, SF, remote)
Robust Intelligence: engineering, sales, product, people operations (SF)
Datavant: entry software engineer, software intern (remote)
Amazon: pre-VC startup business development manager (SF), strategic engagement (US), community lead (NY)
First Round: community manager (SF)
Floodgate: platform intern to support the Reactor program + Outliers technical community, fall 2021 to summer 2022 (remote, menlo park)
📌 an opportunity for all you founders!
Princeton TigerLaunch pitch contest: Student founders can win up to $40,000, no strings attached. Open to students across the U.S., Paris, and London.
📖 reads from the DRF community
Meet the newest DRF partners
Trying to find more meaning in 2020, she moved to London
What our first head of content wants you to know about content
Advice to founders from managing partner of Boston
Power laws in venture portfolio construction, referenced by our speaker Jesse Beyroutey
Pre-seed + seed stage startup pitch decks by DocSend
😂 meme 😂
More fun: Twitter + website + company app. Send jokes, criticisms, and hot takes to info@dormroomfund.com + annewen@dormroomfund.com (content feedback) + melissa@dormroomfund.com (community updates). 🚀