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Sequoia partner Julien Bek sitting on a stool and holding a microphone while speaking to an audience. Behind him is a stage that looks like a forest.
Are services the new software? This venture capitalist thinks the future is in selling AI-delivered outcomes, not AI-powered products

Sequoia partner Julien Bek penned a viral essay arguing there’s a gold mine in AI-native service firms

By Jeremy KahnApril 21, 2026
Emma Grede’s blunt advice: ‘Nobody’s coming to hand you power—you have to take it’
Emma Grede’s blunt advice: ‘Nobody’s coming to hand you power—you have to take it’
By Emma HinchliffeApril 21, 2026
In this photo illustration, the Fermi America logo is seen displayed on a smartphone screen.
Fermi’s CFO resigns—just two days after the CEO stepped down
By Sheryl EstradaApril 21, 2026
Tim Cook’s exit is part of a CEO reckoning sweeping Corporate America
Tim Cook’s exit is part of a CEO reckoning sweeping Corporate America
By Diane BradyApril 21, 2026
Humble Hauler docks in a transport hub
Exclusive: Startup Humble debuts cabless autonomous truck targeting $900 billion U.S. freight industry
By Lily Mae LazarusApril 21, 2026
Newly appointed Apple CEO John Ternus (left) with outgoing CEO Tim Cook in Cupertino, Calif. (Photo courtesy Apple)
John Ternus becomes Apple CEO
By Andrew NuscaApril 21, 2026
Latest Stories
Fermi Inc. cofounders Toby Neugebauer, left, and former Texas Gov. Rick Perry, right, mark their Nasdaq IPO in early October for their AI power company plans.
EnergyFeud between AI power startup Fermi and its fired CEO and top shareholder heats up over proposed sale
By Jordan BlumApril 21, 2026
U.S. President Donald Trump speaks in the Oval Office after signing an Executive Order April 18, 2026 in Washington, DC.
PoliticsTrump extends Iran ceasefire after insisting he wouldn’t hours earlier, citing a ‘seriously fractured’ Iran
By Eva RoytburgApril 21, 2026
Photo of a BYD Sealion 5 DM-i plug-in hybrid
EnergyHow the Iran energy crisis is supercharging Southeast Asia’s EV transition
By Angelica AngApril 21, 2026
Chip Roy introduces the Mamdani Act to punish immigrants for ideology—including socialism and Marxism
PoliticsChip Roy introduces the Mamdani Act to punish immigrants for ideology—including socialism and Marxism
By Catherina GioinoApril 21, 2026
Two Halliburton employees, clad in red coveralls, work at a pressure pumping, or fracking, operation in the Permian Basin.
EnergyHalliburton CEO: U.S. oil is in the ‘early innings’ of a rebound—and a drilling ramp-up is coming
By Jordan BlumApril 21, 2026
James Uthmeier
LawFlorida launches criminal probe into OpenAI to see if ChatGPT is responsible for fatal Florida State shooting
By Mike Schneider and The Associated PressApril 21, 2026
Polymarket CEO Shayne Coplan shakes someone's hand at the opening of Polymarket's temporary free grocery store in Manhattan
CryptoInvestors are valuing Polymarket $7 billion less than archrival Kalshi—and crypto could be one reason why
By Jack KubinecApril 21, 2026
Double exposure photograph of a portrait of Mark Zuckerberg and a telephone displaying the Meta group s artificial intelligence logo at Kerlouan in Brittany in France on April 11 2025. (Photo by Vincent Feuray / Hans Lucas / Hans Lucas via AFP) (Photo by VINCENT FEURAY/Hans Lucas/AFP via Getty Images)
AIMeta will start tracking employees’ screens and keystrokes to train AI tools
By Eva RoytburgApril 21, 2026
More NewslettersPage 3 of 100
Cybertruck parked in front of the SpaceX office
NewslettersSpaceX, OpenAI, and Anthropic could reopen the IPO market—or drain it
By Lily Mae LazarusApril 7, 2026
  • She refused to hide. Now the world is listening to Gisèle Pelicot
    NewslettersShe refused to hide. Now the world is listening to Gisèle Pelicot
    By Emma HinchliffeMarch 31, 2026
Sam Altman, CEO of OpenAI, in Washington, DC, on March 11, 2026. (Photo: Daniel Heuer/Bloomberg/Getty Images)
NewslettersOpenAI imagines a society with, you guessed it, super AI
By Andrew NuscaApril 7, 2026
CEOs are lining up behind the $1,000 Trump Accounts for babies
NewslettersCEOs are lining up behind the $1,000 Trump Accounts for babies
By Diane BradyApril 7, 2026
Fidji Simo’s medical leave from OpenAI puts a spotlight on one of the most expansive roles in tech
NewslettersFidji Simo’s medical leave from OpenAI puts a spotlight on one of the most expansive roles in tech
By Emma HinchliffeApril 6, 2026
Business people doing relaxation exercises and yoga in an office.
NewslettersThe biggest mistake HR leaders make when pitching new benefits to their CFO
By Kristin StollerApril 6, 2026
Robinhood Ventures has rebounded 30% since its lackluster debut. Can the new private markets fund now withstand the mega IPOs?
NewslettersRobinhood Ventures has rebounded 30% since its lackluster debut. Can the new private markets fund now withstand the mega IPOs?
By Ben WeissApril 6, 2026
  • The ‘death of SaaS’ could be the best thing to ever happen to SaaS M&A
    NewslettersThe ‘death of SaaS’ could be the best thing to ever happen to SaaS M&A
    By Allie GarfinkleMarch 31, 2026
A quantum threat to Bitcoin has some asking the unthinkable: Is it time to freeze old wallets belonging to Satoshi Nakamoto?
NewslettersA quantum threat to Bitcoin has some asking the unthinkable: Is it time to freeze old wallets belonging to Satoshi Nakamoto?
By Jeff John RobertsApril 6, 2026
a data analyst using technology AI for working tool for data analysis Chatbot Chat with AI, using technology smart robot AI, artificial intelligence to generate something or Help solve work problems.
NewslettersThe real impact of AI on SaaS isn’t what investors think
By Sheryl EstradaApril 6, 2026
Things are getting weird on OpenAI’s leadership team
NewslettersThings are getting weird on OpenAI’s leadership team
By Andrew NuscaApril 6, 2026
What the Nike CEO’s remarks reveal about rallying employees through turnaround fatigue
C-SuiteWhat the Nike CEO’s remarks reveal about rallying employees through turnaround fatigue
By Ruth UmohApril 6, 2026
Why DOGE’s legacy is hard to measure
NewslettersWhy DOGE’s legacy is hard to measure
By Diane BradyApril 6, 2026
  • She was a customer before she was the CFO. Now she’s steering Workiva to $1 billion in revenue
    NewslettersShe was a customer before she was the CFO. Now she’s steering Workiva to $1 billion in revenue
    By Sheryl EstradaMarch 31, 2026
Fortune Archives: Who gets a seat at the table?
MagazineFortune Archives: Who gets a seat at the table?
By Indrani SenApril 5, 2026
The short, uneasy tenure of Pam Bondi
NewslettersThe short, uneasy tenure of Pam Bondi
By Emma HinchliffeApril 3, 2026
Dell’s CFO built a 27-year career without leaving the company. Here’s how he kept moving up
NewslettersDell’s CFO built a 27-year career without leaving the company. Here’s how he kept moving up
By Sheryl EstradaApril 3, 2026
The startup looking to solve health care’s fax machine problem
NewslettersThe startup looking to solve health care’s fax machine problem
By Allie GarfinkleApril 3, 2026
With an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
NewslettersWith an IPO on the horizon, OpenAI needs to own the narrative. Solution? Buy a tech talk show
By Alexei OreskovicApril 3, 2026
maintenance engineers servicing air conditioning units
NewslettersLeaders push for a ‘Manhattan Project’ and public-private solutions around AI and labor
By Diane BradyApril 3, 2026
What to know about Gwynne Shotwell, the woman behind SpaceX’s monster IPO
NewslettersWhat to know about Gwynne Shotwell, the woman behind SpaceX’s monster IPO
By Emma HinchliffeApril 2, 2026
In the age of vibe coding, trust is the real bottleneck
AIIn the age of vibe coding, trust is the real bottleneck
By Sharon GoldmanApril 2, 2026
Ken Griffin, founder and CEO of Citadel.
NewslettersThe hedge fund billionaire betting Miami can rival New York’s Wall Street
By Sheryl EstradaApril 2, 2026
Nima Ghamsari smiles
NewslettersBlend’s post-IPO reset: CEO Nima Ghamsari bets that AI can turn it all around
By Lily Mae LazarusApril 2, 2026
Can Elon Musk take SpaceX IPO to infinity and beyond?
NewslettersCan Elon Musk take SpaceX IPO to infinity and beyond?
By Alexei OreskovicApril 2, 2026
In the age of AI anxiety, the 100 Best Companies to Work For are betting on their people
NewslettersIn the age of AI anxiety, the 100 Best Companies to Work For are betting on their people
By Diane BradyApril 2, 2026
Lean In’s new 25-year-old CEO has a plan to close the AI gender gap
NewslettersLean In’s new 25-year-old CEO has a plan to close the AI gender gap
By Emma HinchliffeApril 1, 2026
How AI will make your Shake Shack order even faster
NewslettersHow AI will make your Shake Shack order even faster
By John KellApril 1, 2026
Elon Musk’s coterie of companies are getting more and more pushback from Democrats
NewslettersElon Musk’s coterie of companies are getting more and more pushback from Democrats
By Jessica MathewsApril 1, 2026
Over the shoulder view of young woman managing finance and investment, analyzing stock market data on laptop at desk. Stock exchange, banking, finance, investment, financial trading concept. Smart banking with technology
NewslettersMore people are using AI to manage their money— but they won’t let it make decisions alone
By Sheryl EstradaApril 1, 2026
Inside Delta CEO Ed Bastian’s turnaround playbook—from bankruptcy to most profitable U.S. airline
NewslettersInside Delta CEO Ed Bastian’s turnaround playbook—from bankruptcy to most profitable U.S. airline
By Alyson ShontellApril 1, 2026
Salesforce CEO Marc Benioff.
NewslettersSalesforce reinvents Slack for the AI age, and takes aim at Microsoft’s Copilot
By Alexei OreskovicApril 1, 2026
The green head of what appears to be an alien pokes out from behind a rock set against a rural landscape with a power pylon in the background.
NewslettersAI’s ability to see ‘mirages’ shows how alien machine brains really are
By Jeremy KahnMarch 31, 2026
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Law
$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantageplaceholder alt text
By Sasha RogelbergApril 20, 2026
Success
Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden's capture $100 million—but she says you don't need wealth to give backplaceholder alt text
By Orianna Rosa RoyleApril 21, 2026
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winnerplaceholder alt text
By Sydney LakeApril 21, 2026
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