Scoop: Benchmark has raised $2 billion across two new funds, including its first growth fund, a big shift for a firm that spent decades defending a smaller, focused approach to venture investing. Details here: wsj.com/finance/investing/si…

TOMORROW

Here we goooo wsj.com/tech/anthropic-files…

Anthropic co-founder Chris Olah was invited to speak at today's presentation of Pope Leo XIV's encyclical "Magnifica humanitas." Read the full text of his remarks: anthropic.com/news/chris-ola…

IN THE 90s, WE’LL PROBABLY SEE ONLY TEN REAL BREAKTHROUGHS IN COMPUTERS. HERE ARE SEVEN OF THEM. Very much enjoying “Steve Jobs in Exile” by @geoffrey_cain - I started selling Macintosh in 1984 and sold NeXT computers in ‘89 for BusinessLand where I got this poster.

"I still click on links" is going to be the new "I still get the Times in print."

Philip Seymour Hoffman was in every movie acting like there was an eviction notice under his door

The $ZEC Bull Case w/ @mert and @tushar_jain: - @Zcash as a private store of value - why crypto without privacy isn’t really crypto - the institutional path for Zcash - quantum risk, shielded pools, and what comes next 🟢 Early access is out now for Premium members! 📅 Out on public feeds Tuesday, May 19.

Appreciate the analysis David.

Spotted in the NYC subway. “Zero screen time.” An iPod Shuffle ad in 2026. When we built the iPod, the goal was the technology disappeared and you could have your music wherever you were. 1,000 songs in your pocket. Now we’re living through a moment where people are actively looking for ways to disconnect from the infinite feed, algos, and constant notifications. That doesn’t mean technology is bad. It means the best technology understands when to step back. Not every problem needs another screen, another menu, or another layer of complexity. Constraints create freedom (read: @DavidEpstein new book Inside the Box). And often removing features creates a better product than adding them. The future of technology shouldn’t just be more engagement. It should help us be more human.

LIVE NOW -- How Long Will the AI Boom Continue? The #1 Question for Crypto Investors | Michael Nadeau AI stocks are ripping, crypto is following, and the question is whether this is the next leg higher or the final frothy phase before a reset. @RyanSAdams and @JustDeauIt break down why bitcoin:native is so tied to the NASDAQ right now, how today’s AI boom compares to 1999, and what investors should watch if the bubble keeps inflating or finally starts to burst. [TIMESTAMPS] 0:00 Intro 1:48 The Bubble Debate 3:16 Defining the Bubble 4:33 Historical Perspectives on Bubbles 7:20 AI's Growth and Market Narratives 8:46 Technology Hype Cycles 11:21 Current Market Analysis 12:08 Understanding the Shiller PE Ratio 15:09 Revenue Growth Forecasts 18:19 Theories Behind Current Market Conditions 20:44 Analyzing Profit Margins 23:53 Price vs. Fundamentals 27:26 The Role of Market Sentiment 31:30 Historical Market Patterns 32:32 Lessons from the Dot-Com Era 35:17 Market Concentration and AI 39:38 The Future of AI Investments 41:45 Capital Flows in Tech 49:31 Geopolitical Implications and Market Behavior 53:25 Investor Positioning Strategies 1:04:30 Closing & Disclaimers

Ari Redbord ( @ARedbord ) joins Bankless to tell the story of how North Korea turned crypto into a state-run revenue machine: - The $285M Drift hack - North Korea’s crypto crime machine - THORChain and Bitcoin laundering rails - Privacy vs enforcement - How DeFi fights back 🟢 Out now for Bankless Premium subscribers 📅 Out on public feeds Monday, May 11

This is sad. DL News did good work. Hope everyone lands on their feet!

Increasingly fewer spots in this industry to stay up to date on what matters without a bunch of undisclosed sponcon @Bankless Newsletter still publishing the goods day after day. - Subscribe here free: bankless.com/newsletter - Check out today's analysis via @davewardonline 👇

The Washington Post won the Pulitzer Prize for public service for our coverage of DOGE and the federal workforce. So proud to be part of this team and work with incredible journalists like @hannah_natanson. washingtonpost.com/business/…

A sign of the times: two of crypto's most prominent VC firms have moved into AI investing, too

This is going to thrill GOP candidates. An absolute campaign gift to Democrats everywhere. wsj.com/politics/national-se…