This week in tech brings significant changes, including developments in AI, moonshots, and a digital encyclopedia by a well-known electric car magnate.
According to Roelof Botha, managing partner of Sequoia,
venture capital is not an asset class. This statement comes at a time when the number of venture firms in the U.S. has increased to 3,000, up from 1,000 two decades ago.
Botha emphasizes that the venture capital landscape is evolving and requires
spikypeople to navigate it.
Author's summary: Exploring tech's latest shifts.