A profile of Quince, an online luxury DTC brand valued at $10B+, which has found success by using data analysis and close manufacturer ties to keep prices low (Amanda Mull/Bloomberg)

Amanda Mull / Bloomberg: A profile of Quince, an online luxury DTC brand valued at 10B+, which has found success by using data analysis and close manufacturer ties to keep prices low — The online apparel retailer has become a 10 billion-plus e-commerce giant by mastering the art of the supply chain.

A profile of OpenTable CEO Debby Soo, who shifted its focus from diners to restaurants; it now seats ~2B diners a year across 65K restaurants, an all-time high (Brent Crane/Bloomberg)
A profile of wealth manager Iconiq, which, sources say, has 100B AUM, with 26B specifically for VC investing; Iconiq invested $3B into AI startups in 2025 (Natasha Mascarenhas/Bloomberg)
A profile of Jeffrey Yan and his startup Hyperliquid, a 10B crypto exchange that never took VC money and generated 900M+ in profit in 2025 with 11 employees (Dom Cooke/Colossus)
Sources: Upscale AI, which builds AI networking infrastructure, is in talks to raise 180M to 200M at a $2B valuation, its third funding round in seven months (Bloomberg)

Source: Techmeme | 2026-04-19

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