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Term Sheet

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Fortune’s Term Sheet newsletter covers the latest news, insights, and analysis on private equity, venture capital, start-ups, mergers and acquisitions, high-value deals, and the dealmakers behind them. Subscribe to receive Term Sheet in your inbox every weekday morning. Sign up here.
Brendan Foody smiles on stage sitting in a chair.
AI
AI unicorn Mercor acquires Deeptune after founder Brendan Foody backed the startup
By Lily Mae LazarusJuly 9, 2026
Meta chief AI officer Alexandr Wang
Newsletters
The 38-point framework two VCs use to spot the next unicorn founder
By Allie GarfinkleJuly 8, 2026
Hussein Fazal poses in front of the Super.com NASCAR car
Startups & Venture
The $1.2 billion startup that wants to become Amazon Prime for savings
By Lily Mae LazarusJuly 7, 2026
David Senra smiles in front of a white background
Startups & Venture
David Senra, your favorite billionaire’s favorite podcaster, has turned down every acquisition offer. Here’s why
By Lily Mae LazarusJuly 6, 2026
A test of Anduril's Altius drone.
Newsletters
Defense tech could be entering its awkward teenage years. Is the boom a bubble?
By Allie GarfinkleJuly 2, 2026
Sean McClain wears a lab coat
Startups & Venture
Eli Lilly just placed a $40 million bet on the next injectable boom
By Lily Mae LazarusJuly 1, 2026
The VCs betting founders need a village, not a blank check
Newsletters
The VCs betting founders need a village, not a blank check
By Allie GarfinkleJune 30, 2026
Quantinuum rings the IPO bell at the Nasdaq
Startups & Venture
Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing
By Lily Mae LazarusJune 29, 2026
Exclusive: Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto
Newsletters
Exclusive: Framework Ventures raises $400 million for fourth fund as firm expands beyond crypto
By Ben WeissJune 26, 2026
Lux Capital cofounder Josh Wolfe’s limited-odds, high-stakes 2027 predictions
Newsletters
Lux Capital cofounder Josh Wolfe’s limited-odds, high-stakes 2027 predictions
By Allie GarfinkleJune 25, 2026
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
Newsletters
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
By Allie GarfinkleJune 24, 2026
Probook founders (from left to right) Ben Cervantez, George Eliadis and Lewis Zhang
Startups & Venture
Exclusive: A founder who went from pressure washing to Wharton just raised $40 million to put AI to work for plumbers, electricians, and HVAC crews
By Lily Mae LazarusJune 23, 2026
Exclusive: Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation
Newsletters
Exclusive: Index Ventures, Union Square Ventures back trading app Fomo at $550 million valuation
By Ben WeissJune 22, 2026
Whatnot is worth $11.5 billion—and its sellers just hit one billion orders
Newsletters
Whatnot is worth $11.5 billion—and its sellers just hit one billion orders
By Allie GarfinkleJune 18, 2026
OpenAI’s balance sheet remains the most mysterious—and consequential—in business
Newsletters
OpenAI’s balance sheet remains the most mysterious—and consequential—in business
By Allie GarfinkleJune 17, 2026
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Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity insteadplaceholder alt text
By Preston ForeJuly 29, 2026
Retail
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By Sydney LakeJuly 29, 2026
Real Estate
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By Catherina GioinoJuly 30, 2026
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