Financial Times: Insight Partners slashes the $20B target for its latest fund to $15B, after raising just $2B since June 2022, citing a “great reset in tech”  —  New York-based venture capital firm said it will scale back the pace of its dealmaking as valuations have slumped Lees verder op Tech Meme

Molly White: Unpacking Coinbase’s flawed talking points in its battle with the SEC, including the argument that “securities laws written in the 1930s can’t apply to crypto”  —  Coinbase is trotting out its usual flawed arguments now that it’s facing a lawsuit from the SEC, and more pushback is needed. Lees verder op Tech Meme

Juro Osawa / The Information: Preqin: total US dollars raised by China-focused VC and PE funds peaked at $48.6B in 2021 before dropping to $16.5B in 2022 and just $1.15B so far in 2023  —  Sequoia Capital’s decision this week to split off its China operations showed the impact of growing tensions between Washington and Beijing. Lees verder op Tech Meme

Annie Palmer / CNBC: Amazon is testing generative AI for product review summaries, giving an overview of what customers liked and disliked about a product, along with a disclaimer  —  – Amazon is testing the use of artificial intelligence to generate summaries of reviews left on some products. Lees verder op Tech Meme

Katie Jennings / Forbes: Vendors allege Hippocratic AI co-founder’s former startup Health IQ, which faces a fraud lawsuit, owes millions; Hippocratic AI raised $50M from a16z and others  —  The venture firm made a repeat investment in Munjal Shah, but his previous company Health IQ is facing allegations of millions … Lees verder op Tech Meme