Make money. Have fun. Live with integrity. Everything else can change. Fund XI. $1.6B total capital for those who know that it will.

“Our customers keep asking us to buy more agents every single quarter after they start.” @SushanthRaman and @kevinzhang on the growth behind @TryPallet's pivot.

Big thanks to @danprimack and @Axios for having me at AI Across America in Boston. Dan and I discussed physical AI and our belief in full-stack solutions (like @TerraFirma_Inc @Mind_Robotics , @sundayrobotics ). By owning the whole solution, you also own the data flywheel. Excited for the opportunities ahead. piped.video/GvuyPQ0MWMg?si=QSSj…

Three Swedish engineers with no legal experience started eating lunch every day with lawyers who didn’t know much about AI. @WeAreLegora went from that lunch table to $200M ARR. A conversation with @MaxJunestrand and @merritthummer.

.@TryPallet's confidence was restored during its hardest stretch. @SushanthRaman and BCV Partner @kevinzhang on what it took to get there, and why the desire to survive can take you far. piped.video/sM_L9zC1UYw?si=qEMD…

.@BainCapVC partner @ajay_bcv tells @danprimack Boston remains a leader in health care and life sciences innovation but “has some work to do to catch up” in the robotics sector. #AxiosLive

How did Chamath talk an Indiana native with a budding Apple review channel out of Columbia? And why did he choose to build a health insurance brokerage now? @realnikhy & I broke it down to celebrate Corridor's seed raise Welcome to 'Building Your Life's Work: Corridor Edition'

Inside our bubble

Cognition has crossed $1B in annualized revenue run rate. This milestone belongs to our customers. Here's how a few of them are building with Devin.

I'm honored to share that @BainCapVC is leading @solcoatech's $75M seed financing. One year ago they were proving chemistry on a demo line, they've since scaled to a full production facility in Alameda, and today announce Solcoa One, their 500-tonne rare earth metallization plant in Nevada.

Today we're announcing $75M to build Solcoa One, our 500-tonne rare earth metallization plant in Nevada. At Solcoa, we believe rare earths are the foundation of America's next great industrial era. An era we intend to win on the merits, with superior American technology.

We’ve secured $75M in financing to build Solcoa One, our first commercial rare earth metallization plant.

Rare earths are foundational to many of the world’s most important technologies. Producing them end-to-end in the U.S. was considered impossible by some, until @hoomanrenezhad and Artem Iurkovskyi did it in a year with @solcoatech. @alysaaco discusses their journey.

"The publication system cannot survive this. And to be honest, it shouldn't." @littmath and @slaterstich on what AI means for peer review. piped.video/MaOLt7gr7xY?si=Rgnm…

.@aaref on @tbpn 📺 Fund XI. Life after AGI. What’s next.

Small biz ≠ small benefits. @corridorbrokers and @realnikhy are doing it differently with AI-native benefits built for small businesses.

We @BainCapVC are leading the $25M seed financing in @corridorbrokers SMBs have been sold the leftovers of the health insurance market for decades. Corridor gets them the best. May the human remain the best interface. Honored to on board.

Small businesses have been underserved by health insurance because serving them was never economically viable. We’re changing the math. Today @corridorbrokers announces our $25M seed led by @BainCapVC to help small businesses get the best healthcare for their employees.

BCV Partner @aaref breaks down the difference between a pre-AGI and post-AGI world: "The difference between pre- and post-AGI is, we go from being intelligence poor to intelligence abundant." "With pre-AGI we saw agents do amazing things like writing code, solving customer support tickets, etc." "With post-AGI there's going to be new capabilities that humans can't even imagine." "We'll see robots doing the cleaning, we'll have new drugs that AI will find to cure cancer or other diseases, we'll have simulation platforms so that people can make better decisions and be better at interacting with each other."

Happy Thursday. On today's show: - @TheStalwart (Odd Lots) - @aaref (BCV) - @thejessezhang (Decagon) - @ChaseLochmiller (Crusoe) - @MaxJunestrand (Legora) - @nilamg (Beacon Software) - @leonardtang_ (Beacon Software) - David Gross (BCV) See you on the stream.

What does investing for “life after AGI” look like? Bain Capital Ventures has raised a $1.6 billion fund to find out. Partner Slater Stich says the next wave could stretch from AI agents and knowledge work to robotics, science and the physical economy bloom.bg/4iyixma