AngelList

“SoFi expanded its access to private market funds by adding new funds from CAZ Investments and AngelList Asset Management.”

“AngelList acquired Ark PES, a fund management software platform — consolidating VC back-office infrastructure”

“Jason Calacanis's pivot from seed to growth is framed not as a personal preference but as a rational structural response: when growth-stage investors can write $100M checks into the same companies that took seed investors years to build, the effort-to-return calculus at the earliest stage deteriorates sharply.”