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Term Sheet

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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.
The VCs betting founders need a village, not a blank check
Newsletters
The VCs betting founders need a village, not a blank check
By Allie GarfinkleJune 30, 2026
Quantinuum rings the IPO bell at the Nasdaq
Startups & Venture
Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing
By Lily Mae LazarusJune 29, 2026
Exclusive: Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto
Newsletters
Exclusive: 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
Newsletters
Lux 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
Newsletters
As 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 & Venture
Exclusive: 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
Newsletters
Exclusive: 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
Newsletters
Whatnot 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
Newsletters
OpenAI’s balance sheet remains the most mysterious—and consequential—in business
By Allie GarfinkleJune 17, 2026
Alexandra Debrow flocked by her cofounders
AI
Exclusive: 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
Newsletters
The SpaceX IPO marks a lopsided win for venture
By Allie GarfinkleJune 15, 2026
SpaceX headquarters outside
Startups & Venture
SpaceX’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.
AI
SpaceX 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
AI
AI 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
Newsletters
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
By Ben WeissJune 9, 2026
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Success
After donating $8 billion, Steve and Connie Ballmer create three regional philanthropies so people closest to the work can decide how the money is spentplaceholder alt text
By Sydney LakeAugust 11, 2026
Economy
U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lenderplaceholder alt text
By Eleanor PringleAugust 11, 2026
North America
Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he losesplaceholder alt text
By Sasha RogelbergAugust 11, 2026
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