@yazhous profile picture
Yazhou Sun @yazhous

Covering VC/startups at Bloomberg @technology. Not very active here.

Joined September 2011
  • Posts 2,806
  • Following 2,545
  • Followers 1,804
61 Photos and videos
Yazhou Sun reposted
Natasha Mascarenhas
 @nmasc_
Jul 2
Scoop w/ @yazhous: ElevenLabs is having early discussions around a financing that could value the company at $22 billion (yes, that's a multiple of 11) bloomberg.com/news/articles/…

ElevenLabs in Talks for Tender Offer at $22 Billion Valuation

ElevenLabs has held early talks with investors to let employees sell shares in a secondary offering that would value the artificial intelligence startup at roughly $22 billion, according to people...

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Yazhou Sun reposted
Benoît Berthelot @BenoitBerthelot
May 22
As Cannes wraps, ‘The White Lotus’ is moving in. The HBO hit is bringing its tourism halo — and television’s cultural clout — to the home of world cinema. bloomberg.com/news/articles/…

‘The White Lotus’ Takes Over Cannes, and Even the Rich Can’t Get Rooms

The HBO hit is filming in the home of the world’s biggest film festival, underscoring television’s growing power over culture and tourism.

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“Are we screwed?” @AnthropicAI's crackdown on secondary sales of its shares has left investors worrying that their holdings are worthless. Story w/@KatiaPorzo bloomberg.com/news/articles/…

Anthropic Sends Jolt Through Market for Buying Shares in Hot Pre-IPO Startups

In the moments after Anthropic expanded a ban on popular ways to buy its shares, investor chatrooms around the world lit up. “Are we screwed?” one person wrote in a WhatsApp chat for family offices...

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Yazhou Sun reposted
Techmeme
 @Techmeme
May 12
Anthropic names eight unauthorized secondary market sellers of its shares, including Hiive and Forge Global, warning that any share transactions there are void (@yazhous / Bloomberg) (Visit Techmeme dot com for the link and full context!)
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The rush into private markets is being driven by FOMO and speculation, and mom-and-pop investors investors could end up paying the price. My latest: bloomberg.com/news/articles/…

Funds Pitching SpaceX Rush to Lure Retail Investors Before IPO

Demand drove one fund to a 3,000% premium to net asset value

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Yazhou Sun reposted
Natasha Mascarenhas
 @nmasc_
Apr 17
Over the past two months, I kept hearing the same thing—even from my best sources: No one really knows much about Iconiq. So I did dozens of interviews—including with ICONIQ leadership, Anthropic’s CFO, and founders of ElevenLabs and Legora—to color in a firm dedicated to secrecy. Read my first profile since joining Bloomberg: bloomberg.com/news/articles/…

Iconiq, Go-To Wealth Adviser for Tech’s Elite, Is Putting Billions Into AI

Last year, Anthropic PBC chief Dario Amodei and a handful of executives traveled 8,000 miles from San Francisco to the Middle East. They were there to meet with some of the world’s most deep-pocketed...

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Yazhou Sun reposted
Olivia Solon @oliviasolon
Apr 15
Read this instead by @yazhous @mhbergen and @newley bloomberg.com/news/features/…

How an ‘Entrepreneur of the Year’ Brought the First Big Bust to AI Boom

Sachin Dev Duggal helped Builder.ai reach a $1.5 billion valuation. Then its board ousted him amid allegations of inflated revenue and the startup filed for bankruptcy.

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Yazhou Sun reposted
Natasha Mascarenhas
 @nmasc_
Mar 18
Bloomberg's AI VC reporting team is hiring a new editor based in San Francisco! Been an absolutely amazing, ambitious (and growing!) team to be a part of, more details on the new role below bloomberg.avature.net/career…
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US investors are pouring money into Europe’s startup scene, pushing valuations to record high and intensifying competition for early-stage deals. bloomberg.com/news/articles/…

Funding Rounds Have Never Been Bigger in Europe Thanks to US Cash

Jan Oberhauser’s funding round for his Berlin-based software startup n8n led to a bidding war last summer. The founder and his team received 14 offers, or term sheets. Most were from American...

bloomberg.com
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Scoop: HR software startup Factorial is in talks to raise at $2 billion valuation bloomberg.com/news/articles/…

Software Startup Factorial in Funding Talks at $2 Billion Value

Factorial, a Spanish startup supplying human resources software to enterprises, is in early discussions to raise new funding that will double its valuation to $2 billion, according to people familiar...

bloomberg.com
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Scoop: Datadog challenger @dash0hq is set to reach unicorn valuation in new funding round led by @balderton. H/T @shonaghosh bloomberg.com/news/articles/…

Software Startup Dash0 is in Discussions to Raise Funding at About $1 Billion Valuation

Dash0, a software startup that helps companies monitor their systems for anomalies, is in discussions to raise funds at a valuation of about $1 billion, according to people familiar with the matter.

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Yazhou Sun reposted
Natasha Mascarenhas
 @nmasc_
Feb 25
News: I got my hands on Thrive's returns as of last summer and dug into how the concentration strategy is showing up in the numbers bloomberg.com/news/articles/…

Thrive’s Buy-And-Hold Strategy Lifts Value of Early Fund Sixfold

Joshua Kushner’s Thrive Capital, a venture investor in some of Silicon Valley’s most successful businesses, has seen the value of its portfolio companies surge over the past 15 years, with its 2011...

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Scoop: @Revolut's investors have been pushing for a new share sell that would value the firm at at least $100 billion. Deliberations are at an early stage and no decisions over the size have been taken. bloomberg.com/news/articles/…

Revolut Weighs Share Sale Later This Year on Pre-IPO Demand

Revolut Ltd. is considering a fresh sale of shares in the second half of this year, people familiar with the matter said, as investors clamor to buy into Europe’s most valuable startup ahead of a...

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UK autonomous driving software startup @wayve has raised $1.5 billion in a latest round as the company prepares to go up against Chinese and US rivals. bloomberg.com/news/articles/…

Self-Driving Startup Wayve Raises $1.5 Billion for Robotaxi Wars

Wayve, the UK autonomous driving software startup, has raised $1.5 billion in funding at an $8.6 billion valuation as it prepares to go up against Chinese and US rivals to roll out self-driving taxis.

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Yazhou Sun reposted
Rui Ma
 @ruima
Feb 20
Incredible, must read piece Soooo many great quotes but here is just one “It did not seem like a good idea to me that some of the richest people in the world were no longer rewarding people for having any particular skills, but simply for having agency, when agency essentially meant whatever it was that was afflicting Roy Lee.” harpers.org/archive/2026/03/…

Child’s Play, by Sam Kriss

Tech’s new generation and the end of thinking

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Yazhou Sun reposted
Kate Clark
 @KateClarkTweets
30 Oct 2025
Nvidia plans to invest up to $1 billion in AI startup Poolside. Scoop w/ @yazhous bloomberg.com/news/articles/…

Nvidia to Invest Up to $1 Billion in AI Startup Poolside

Nvidia Corp. plans to invest as much as $1 billion in the artificial intelligence company Poolside, according to people familiar with the matter — part of a deal that would quadruple the valuation of...

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Yazhou Sun reposted
Benoît Berthelot @BenoitBerthelot
9 Sep 2025
Dutch chipmaker ASML's €1.7 billion investment in French AI startup #Mistral has sparked hope that the company can offer a compelling alternative to American and Chinese AI. Story with @yazhous : bloomberg.com/news/articles/…

Mistral Emerges as Last, Best Hope for European AI Contender

ASML Holdings NV’s €1.3 billion investment in Mistral gives the French startup a valuable dose of capital and credibility as it seeks to build an artificial-intelligence champion for Europe. Yet...

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Yazhou Sun @yazhous
9 Sep 2025
ASML’s €1.3B investment into Mistral is winning praise for advancing European AI sovereignty. Some analysts, though, wonder if the cash injection is too little, too late. Story w/⁦@BenoitBerthelot⁩ bloomberg.com/news/articles/…

Mistral Emerges as Last, Best Hope for European AI Contender

ASML Holdings NV’s €1.3 billion investment in Mistral gives the French startup a valuable dose of capital and credibility as it seeks to build an artificial-intelligence champion for Europe. Yet...

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Yazhou Sun @yazhous
22 May 2025
Scoop: Builder.ai gave key creditors revenue estimate that was 4 times the actual result, leading to lenders seizing of most of its cash this week. bloomberg.com/news/articles/…
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Yazhou Sun reposted
Zheping Huang @pingroma
19 May 2025
If you only want to read one article about DeepSeek, read our cover story for the June issue of @BW: I traveled to Hangzhou -- home to the Little Dragons -- for on-the-ground reporting. For the first time in five years, China’s tech space is buzzing。 shorturl.at/6w3Ak
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