This week in tech brings significant changes, including developments in AI, moonshots, and a digital encyclopedia by a well-known electric car magnate.
Roelof Botha, managing partner of Sequoia, stated that
venture capital is not an asset class, a surprising claim in a world with 3,000 venture firms in the U.S., up from 1,000 two decades ago.
Botha believes the venture capital landscape is evolving, requiring firms to have
"spiky" peopleto navigate it.
The tech universe is full of surprises, and this week is no exception, with seismic shifts in various areas.
Author's summary: Exploring tech's latest developments.