TRW Issue#66

Thinking like an AI / Skyrocketing Demand for Data Centers / Creator Economy in 2025 / Industries Reshaping the Economy / Pitchbook's VCs performance

Oct 27, 2024

Hello there 👋

I'm Edo, and welcome to the 66th issue of Tech Readings of the Week!

Every Sunday, I curate a digest of tech insights for non-tech folks and aspiring founders. From data-driven trends to tech leaders' opinions, with a pinch of startup wisdom, I help you cut through the noise and stay ahead of the curve.

Ready to dive in? Let's go! 🚀

In Today's Issue 👇

Skyrocketing Demand for Data Centers
Musk has Been in Secret Contact with Putin
Thinking like an AI
Industries Reshaping the Global Economy According to McKinsey
How to Handle the Exit Strategy Question in VC Meetings

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📍EU Inc, sign the petition📍

Let’s unite the startup ecosystem in Europe. A petition calling for a standardized EU-wide legal entity for startups, signed by more than10.000 people including Index, Seedcamp, Slush, Patrick Collison, Paul Graham, etc.

👉 Sign here

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👓 Essays & articles

How Intel got left behind in the A.I. chip boom - the company was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush (The New York Times)(€)
Thinking like an AI - A little intuition can help (Ethan Mollick)

The AI investment boom - AI demand is driving skyrocketing US investment in computers, data centers, and other physical infrastructure (Joseph Politano)
Musk has been in secret contact with Putin since 2022, says bombshell new report - the Russian president even asked the billionaire for a Starlink favor (Politico)
Solar power from space? Actually, it might happen in a couple of years - from Robinhood to slinging photons (Ars Technica)
What do you do with an Idea? - how to turn ideas into progress (Not Boring)

China extends the "Great Firewall" into space- satellite Internet services are the next frontier for state-sponsored censorship (IEEE Spectrum)
Stablecoins, the monetary upgrade - stablecoins are becoming the digital currency used to reshape global finance and commerce as we know it. (The API Economy)
The Creator Economy 2025 - A bold new chapter of AI, community, and revenue diversification (New Economies)
Inside Silicon Valley’s most important conversations - talking AI at Reid Hoffman's Masters of Scale Summit (Every)

Found value here? Share ☕Tech Readings of the Week with a friend or a colleague!

Defense-tech boom spawns wave of new European GPs - ongoing conflict in Europe and its environs has sparked defense investment, which has in turn generated a wave of new GPs focused on the region’s burgeoning defense-tech market (Pitchbook)
Europe should take a digital leap across its innovation gap - the US is enjoying a virtuous cycle, while the EU is caught in a mid-tech trap (Financial Times)(€)
Wrong direction - Google CEO Sundar Pichai finally took action and made significant leadership changes (Growth Memo)
AI-related seed rounds slow, but prices remain high - the third quarter was the second-largest for venture funding to AI startups ever, with a whopping $19.1 billion raised (Crunchbase)
To beat the market, you have to outsmart yourself - How one venture capitalist hacked his psychology to generate returns (Every)
Is being-data driven a fad? - Tell me the odds now, but maybe not next year (Benn Stancil)

📊 Reports & Data

The high-growth industries reshaping the global economy - we look at the new high-growth industries that could transform the business landscape and generate $29 trillion to $48 trillion in revenues by 2040 (McKinsey)
Europe & Israel’s Founder Factories (Fintech Edition) - the fintech unicorns contributing to the European entrepreneurial flywheel. Startups nurturing future founder talent. Including Klarna, Revolut and Monzo (Accel & Dealroom)
Venture Monitor Q3 2024 - lack of distributions is exacerbating the dealmaking and fundraising stalemate (Pitchbook & NVCA)
Europe Tech Update Q3 2024 - while venture capital investment does typically slow over the summer in Europe, European and global venture capital had its lowest quarterly total for four years in Q3 2024 (Dealroom)

📚 Founder's Toolkit

TRW's collection of free fundraising resources for founders!

How startup studios build and grow startups - unlike incubators, accelerators, or traditional VCs, they are involved from ideation to scaling, providing comprehensive support and resources (OpenCV)
VCs don’t really ghost you. They are just prospects. Treat them as such - one of the most frustrating things for founders is when VCs “ghost” them (SaaStr)
The emerging startup playbook - Eight learnings from the next generation of software (Growth Unhinged)