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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.
Sam Altman
NewslettersCan a startup be worth a trillion dollars?
By Allie GarfinkleOctober 22, 2025
Exclusive: David Tisch’s BoxGroup raises $550 million across two new funds as venture firm crosses 16 years
NewslettersExclusive: David Tisch’s BoxGroup raises $550 million across two new funds as venture firm crosses 16 years
By Leo SchwartzOctober 21, 2025
Celebrity chef Mario Carbone backs AI-powered loyalty startup Magic in $10 million seed round
NewslettersCelebrity chef Mario Carbone backs AI-powered loyalty startup Magic in $10 million seed round
By Leo SchwartzOctober 20, 2025
Asymmetric Capital Partners raises $137 million second fund, beating ZIRP-era odds
NewslettersAsymmetric Capital Partners raises $137 million second fund, beating ZIRP-era odds
By Allie GarfinkleOctober 17, 2025
Studio portrait of Leopold Aschenbrenner
NewslettersThe AI investing boom gets its posterboy: Meet Leopold Aschenbrenner
By Allie GarfinkleOctober 16, 2025
Goldman Sachs CEO David Solmon holds a microphone
NewslettersGoldman’s acquisition of Industry Ventures is a bet on soaring secondaries
By Allie GarfinkleOctober 15, 2025
Exclusive: Flow Engineering raises $23 million Series A led by Sequoia to power hardware’s new era
NewslettersExclusive: Flow Engineering raises $23 million Series A led by Sequoia to power hardware’s new era
By Allie GarfinkleOctober 14, 2025
The protein bar startup David is upending food science through its venture-backed experiments—and it’s just getting started
NewslettersThe protein bar startup David is upending food science through its venture-backed experiments—and it’s just getting started
By Leo SchwartzOctober 13, 2025
OpenAI COO Brad Lightcap on what history teaches us about AI and the enterprise race
NewslettersOpenAI COO Brad Lightcap on what history teaches us about AI and the enterprise race
By Allie GarfinkleOctober 10, 2025
Michael Intrator in front of a NASDAQ billboard in New York City.
NewslettersIn 2025 so far, 40% of VC exit value stems from AI, according to PitchBook
By Allie GarfinkleOctober 9, 2025
OpenAI dreams of Apple
NewslettersOpenAI dreams of Apple
By Allie GarfinkleOctober 8, 2025
Exclusive: EvenUp raises $150 million Series E at $2 billion valuation as AI reshapes personal injury law
NewslettersExclusive: EvenUp raises $150 million Series E at $2 billion valuation as AI reshapes personal injury law
By Allie GarfinkleOctober 7, 2025
Former insurance exec raises $33 million fund for New York-based Crystal Venture Partners as AI transforms the industry
NewslettersFormer insurance exec raises $33 million fund for New York-based Crystal Venture Partners as AI transforms the industry
By Leo SchwartzOctober 6, 2025
Ant Wilson and Paul Copplestone
NewslettersExclusive: Supabase raises $100 million at $5 billion valuation as vibe coding soars
By Allie GarfinkleOctober 3, 2025
How transportation startups feel about Trump 2.0
NewslettersHow transportation startups feel about Trump 2.0
By Jessica MathewsOctober 2, 2025
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