Pete Sonsini, a general partner at NEA since 2005, is leaving the firm and plans to raise his own fund, Forbes reports . Sonsini was responsible for the firm’s investments in $38 billion-valuation Databricks, one of the enterprise software industry’s crown jewels. According to the report, the departure followed a change in leadership at NEA. The firm’s longtime leader and chairman Scott...
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Streaming Services Should Beware Becoming Like Cable Companies
About a month ago, I finally reached my breaking point with YouTube TV, the streaming service I had subscribed to years earlier as a replacement for cable TV. I didn’t think twice about paying $40 a month for it in 2018, but after years of price increases—YouTube TV now costs $73 a month—I realized my family wasn’t watching it nearly enough to justify the money. So I ditched it. More...
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