Science & Technology
Why startups should ‘be more concerned’ about competition in VCs’ portfolios l Best of Build Mode
This week on Build Mode, we’re diving back into the archives for a special best-of episode all about venture capital. Host Isabelle Johannesen and producer Maggie Nye revisit conversations from past seasons to give founders a glimpse behind the VC curtain and a better understanding of what investors are really looking for. From choosing the…
CNET
OpenAI Dev Day 2026: Everything Announced in 15 Minutes
OpenAI’s annual Dev Day 2026 introduced dots, which are AI agents within ChatGPT that can execute tasks on your behalf and even answer phone calls and text messages. CEO Sam Altman also introduced a faster and more powerful model called GPT-6.1 Sol for professional coding and work applications. Read more about OpenAI on CNET.com: OpenAI’s…
CNET
AI Romance Scams: How to Tell If Someone Is Scamming You Online
Online scams hit us from every angle: financial fraud, phishing, and fake shopping sites. But the most devastating scams are the ones that hit the heart. This is the truth about romance scams—and how to avoid them. Read more about AI romance scams on CNET.com Look for These Red Flags to Avoid Falling Prey to…
CNET
Unboxing the $399 Nothing Headphone (1) Pro
At $399, Nothing’s new Headphone (1) Pro are its most expensive headphones to date, and its most advanced. Not only do the over-ear headphones feature new transducers with triple-driver configuration, but improved noise-cancelling and a more premium design with upgraded machined metal, as well as shatter- and scratch-resistant Panda glass on both earcups instead of…
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OpenAI Dev Day 2026: Everything Announced in 15 Minutes
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@stepheninscoe1707
June 19, 2026 at 2:26 am
Not complicated. The VC model is a form of gambling, like the horse races. The VCs read form (what have you done up to this point). They look at the ground conditions (market and competition), they look at the potential prize (size of market, exit valuations and number of exits/odds). Then they decide how much money to place on that bet, if anything. One difference is that for some bets they also need to guess the probability of other gamblers join the bet later on and probably on worse odds (valuation). The VCs want their horse to win, but the reality is they are meeting on several horses in several races and only need some of them to win. They are not all in on one horse.