Sat.May 06, 2023

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This week in tech acronyms: FRB and GPT

TechCrunch

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. It’s been a big week for tech acronyms. I woke up on Monday to news that First Republic Bank has been closed down by regulators — and JP Morgan will buy $330 billion worth of assets.

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What a startup does to you. Or: A celebration of new life

A Smart Bear: Longform

A startup is a crucible -- a fiery place that tests your limits, not by probing them but by violently exceeding them, all of the time. It's worth it.

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Deal Dive: VC interest in wildfire tech grows as the world burns around us

TechCrunch

Wildfires, and the damage they cause, are a growing problem. The U.S. saw more than 66,000 wildfires in 2022 alone, and while many think of these natural disasters as largely a California problem, they burn all across the country, causing millions of dollars in damage. Harry Statter knows this as his entire career has focused around the intersection of the built world and natural consequences.

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