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Term Sheet

Fortune’s Term Sheet newsletter covers the latest news, insights, and analysis on private equity, venture capital, start-ups, mergers and acquisitions, high-value deals, and the dealmakers behind them. Subscribe to receive Term Sheet in your inbox every weekday morning. Sign up here.
Exclusive: Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto
NewslettersExclusive: Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto
By Ben WeissJune 26, 2026
Lux Capital cofounder Josh Wolfe’s limited-odds, high-stakes 2027 predictions
NewslettersLux Capital cofounder Josh Wolfe’s limited-odds, high-stakes 2027 predictions
By Allie GarfinkleJune 25, 2026
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
NewslettersAs mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
By Allie GarfinkleJune 24, 2026
Probook founders (from left to right) Ben Cervantez, George Eliadis and Lewis Zhang
Startups & VentureExclusive: A founder who went from pressure washing to Wharton just raised $40 million to put AI to work for plumbers, electricians, and HVAC crews
By Lily Mae LazarusJune 23, 2026
Exclusive: Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation
NewslettersExclusive: Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation
By Ben WeissJune 22, 2026
Whatnot is worth $11.5 billion—and its sellers just hit one billion orders
NewslettersWhatnot is worth $11.5 billion—and its sellers just hit one billion orders
By Allie GarfinkleJune 18, 2026
OpenAI’s balance sheet remains the most mysterious—and consequential—in business
NewslettersOpenAI’s balance sheet remains the most mysterious—and consequential—in business
By Allie GarfinkleJune 17, 2026
Alexandra Debrow flocked by her cofounders
AIExclusive: How college photo-sharing app Swsh became an AI-powered fan data business backed by Scooter Braun
By Lily Mae LazarusJune 16, 2026
The SpaceX IPO marks a lopsided win for venture
NewslettersThe SpaceX IPO marks a lopsided win for venture
By Allie GarfinkleJune 15, 2026
SpaceX headquarters outside
Startups & VentureSpaceX’s first employee, Tom Mueller, thinks the historic IPO is just the beginning
By Lily Mae LazarusJune 12, 2026
A man in a suit jacket gestures with his hands.
AISpaceX is about to make history—and 80% of VCs won’t see a dime of it
By Amanda GerutJune 11, 2026
Geoffrey von Maltzahn and Kimberly Powell on stage at Fortune Brainstorm Tech
AIAI drug discovery leaders warn U.S. health funding cuts risk falling behind global rivals
By Lily Mae LazarusJune 10, 2026
Exclusive: The startup that’s dressing up crypto for Wall Street raises $175 million in a round led by a16z crypto, Paradigm, and Ribbit Capital
NewslettersExclusive: The startup that’s dressing up crypto for Wall Street raises $175 million in a round led by a16z crypto, Paradigm, and Ribbit Capital
By Ben WeissJune 9, 2026
from left to right: Omer Gull, Yuval Itzchakov, and Yossi Torati
CybersecurityWhy Lightspeed and Wiz’s Assaf Rappaport bet $37 million on an AI-powered cyberattacker
By Lily Mae LazarusJune 8, 2026
Trae Stephens touches his chin while speaking
Startups & VentureAnduril’s Trae Stephens says defense tech is headed for a shakeout
By Lily Mae LazarusJune 5, 2026
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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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By Sydney LakeJune 25, 2026
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