Not every investor in The Athletic is completely thrilled with the company’s sale to The New York Times. In fact, Powerhouse Capital, an early investor in The Athletic—and an investment firm started by former TPG and CAA executives Salim Mitha and Ian Doody—thinks the sports media startup could have netted more. “The Management team opted for this all-cash acquisition at the last round’s...
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The La La Land Life of Venture Capitalist Brianne Kimmel
Hi, welcome to your Weekend! It’s peak out-of-office message season in Silicon Valley, and not just because of the Fourth of July weekend. Tech layoffs are popping off everywhere. Venture dealflow has slowed to a crawl. The economic headwinds are fierce and giving certain people super bad feelings. Plus, after two-plus years of pandemic-driven insanity, the people of tech may...
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