Secondary market heats up for buyers, beehiiv raises $12.5M, Captions raises $25M

Bloomberg sources: As startups face a liquidity crunch, the secondary market for shares has become increasingly active, with a16z, Accel, Bessemer, Coatue, Kleiner, Tiger and others increasingly buying shares at reduced prices - Link

beehiiv, a NY-based newsletter platform with 7.5K active newsletters, raised a $12.5M Series A led by Lightspeed - Link

Captions, a startup building an AI-enabled video editing tool, raised a $25M Series B at a $250M valuation, led by Kleiner Perkins - Link

The Information sources: TikTok COO V. Pappas has quit and will continue working in an advisory role for the company amidst the uncertainty around TikTok’s US future - Link

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First, StoneAlgo CEO Devin Jones joins Jason for a jam session on scaling his startup, which is building “Zillow for diamonds” (4:38). Then, Mar Hershenson gives a presentation on “The Art of Picking.” (38:19) - Link

Limble, a Utah-based startup that helps businesses track physical inventory and manage assets, raised a $58M Series B at a $450M valuation, led by Goldman Sachs - Link

NYT sources: The White House is considering US restrictions against the cloud computing businesses of Chinese tech giants like Alibaba and Huawei - Link

Ford has been issued a conditional $9.2B loan from the US Dept of Energy to build out three EV battery factories - Link

Acryl Data, a startup building a platform to centralize and catalog metadata, raised a $21M Series A led by 8VC; the product is built on an open-source framework called DataHub - Link

This Week in Startups

E1766: StoneAlgo’s Devin Jones on “Zillow for diamonds” + Mar Hershenson on the art of picking

E1765: EyeRate CEO Ray Weisberg on scaling from $0 to $10M + Steve Jurvetson on disruptive tech

E1764: Gavin Baker on AI platform shift, upside vs downside, extinction risk, Nvidia outlook & more

E1763: Reddit CEO Steve Huffman on mod revolt, building a legendary community & more

E1762: How AI is making influencers bionic with Forever Voices CEO John Meyer

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