Founders share VC horror stories, and some are naming names
Pritam Rajput
- 🧵 A massive viral conversation has erupted on X (formerly Twitter) as entrepreneurs share "VC horror stories" about their experiences with investors.
- 😤 The stories range from bizarre encounters to infuriating professional misconduct, exposing the darker side of the startup funding world.
- 💸 This wave of transparency highlights the challenging power dynamics and high-pressure environment founders face when dealing with venture capitalists.
Former cyber executive turned whistleblower accuses IBM of covering up several data breaches
Pritam Rajput
- 🛡️ IBM and two of its subsidiary companies were allegedly hit by a major security breach during the mid-2010s.
- ⚖️ A lawsuit filed by a former cybersecurity executive claims that IBM failed to disclose the incident to the public.
- 🤐 The legal action further accuses the tech giant of actively covering up the breach to avoid transparency.
Startup Battlefield 200 applications officially close in 3 days
Pritam Rajput
- ⏰ The final deadline to apply for Startup Battlefield 200 is June 8 at 11:59 p.m. PT.
- 🚀 Selected founders will earn the opportunity to compete live on the Disrupt Stage at TechCrunch Disrupt 2026.
- 🌉 The high-stakes event takes place this October at San Francisco’s Moscone West convention center.
Google will pay SpaceX $920M per month for compute
Pritam Rajput
- 🚀 Google has secured a new deal driven by a massive surge in interest for its latest technology.
- 📈 The agreement comes as a direct response to "unexpected demand" for the company’s newly released AI products.
- 🤖 This move highlights the rapid market expansion and consumer appetite for Google's artificial intelligence tools.
GM’s electric future depends on a new battery — and this facility
Pritam Rajput
- 📉 Price Reduction Strategy: GM is fast-tracking the deployment of next-generation battery technology to significantly lower the cost of its electric vehicles.
- ⚡ Accelerated Timeline: The company aims to bring this advanced tech to market up to a year earlier than originally scheduled to stay competitive.
- 🏗️ Infrastructure Key: A specialized new facility serves as the essential hub for developing and scaling these batteries to make the aggressive rollout possible.
As VC-backed e-bike startups went bankrupt, bootstrapped Lectric grew
Pritam Rajput
- 🚀 **Market Expansion:** Lectric is aggressively increasing competition in the U.S. market to provide consumers with more diverse brand choices.
- 🆕 **Rapid Growth:** The company has successfully debuted three distinct new brands within a short six-month timeframe.
- 📈 **Strategic Vision:** These launches capitalize on a domestic market that Lectric identifies as being perfectly primed for new players and disruption.
The most interesting startups right now want to get you off your phone
Pritam Rajput
- 🎮 Mirror founder Brynn Putnam has raised funding for Board, a new startup dedicated to fostering real-world social connections through in-person games.
- 💻 The Cyberdeck movement is going viral with creators building whimsical, DIY computers designed to encourage users to get outside and "touch grass."
- 🌱 This trend represents a growing "analog" shift away from the AI fundraising frenzy, prioritizing tangible human experiences over digital automation.
Supabase doubles valuation to $10B in 8 months
Pritam Rajput
- 🚀 Open Source Success: Supabase has evolved from a community project into a rapidly scaling company, setting a benchmark for open-source business models.
- 🤖 AI-Powered Development: The firm has significantly accelerated its technical growth by integrating advanced AI tools such as Claude and Codex into its workflow.
- ✨ Vibe-Coding Trend: By embracing "vibe-coding" platforms, Supabase is leveraging modern, intuitive development styles to stay ahead in the competitive tech landscape.
Google and FBI warn of ransomware group that sends fake IT workers to hack victims in person
Pritam Rajput
- 🕵️♂️ Physical Impersonation: Members of the "Silent Ransom Group" are physically infiltrating law firms by posing as legitimate IT support staff.
- 💾 On-Site Data Theft: Once inside the office, the criminals use USB drives and remote access tools to extract sensitive information directly from workstations.
- ⚖️ Targeted Attacks: This sophisticated social engineering campaign specifically targets legal professionals to bypass digital security measures through physical access.
The token bill comes due: Inside the industry scramble to manage AI’s runaway costs
Pritam Rajput
- The AI industry discourse is shifting away from rapid "tokenmaxxing" and speed toward a safety-first approach. 🔄
- The previous "go fast" mentality is being replaced by urgent discussions on how to implement effective system controls. 🏎️
- Developers and stakeholders are now prioritizing the creation of robust guardrails to manage AI behavior. 🛡️
NASA briefly sheltered space station astronauts in SpaceX’s Dragon due to leaks
Pritam Rajput
- 🚀 Roscosmos has identified new air leaks within the Russian service module of the International Space Station.
- 🔍 Engineering teams are currently monitoring the situation to determine the impact on station pressure and long-term operations.
- 👨🚀 Space officials confirm that the onboard crew remains safe and is not under any immediate threat.
NSA said to be readying Anthropic’s Mythos for use in cyber operations
Pritam Rajput
- 🕵️ The U.S. eavesdropping agency is reportedly preparing to use Anthropic's "Mythos" AI model to bolster offensive cyberattacks.
- 🚫 This development comes despite an existing federal ban prohibiting the government from utilizing the AI developer's technology.
- 💻 The move signals a shift toward integrating advanced AI into national security operations, even amidst regulatory hurdles.
AirTrunk commits $30B to build 5GW of AI data centers in India
Pritam Rajput
- 🇦🇺 An Australian data center operator has announced ambitious plans to establish 5GW of power capacity across India.
- 🇮🇳 The massive investment underscores India's growing status as a critical global hub for digital infrastructure and cloud services.
- ⚡ This expansion is designed to meet the skyrocketing domestic demand for AI processing, data storage, and high-speed connectivity.
Mira Murati steps back into the spotlight, carefully
Pritam Rajput
- 📉 Staying quiet and focused is yielding diminishing returns in today's competitive landscape.
- 📢 Organizations must actively "make noise" to maintain visibility and relevance.
- 🔔 Proactive communication is now essential to remind the market of your brand's continued existence.
Founders Fund launches game show starring Sam Altman, Palmer Luckey, and other tech elites
Pritam Rajput
- 🎙️ Mike Solana, Chief Marketing Officer at Founders Fund, moderated the highly anticipated debut episode of the new series.
- 🌟 The premiere featured a star-studded cast of high-profile luminaries from across the modern technology landscape.
- 🚀 This launch establishes a major new platform for influential discussions among today's top tech industry leaders.
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