Biz editor @Axios. Pro Rata newsletter. Dan@axios.com. Native Masshole. DM for Signal/Telegram.

Boston-ish
Pleased to announce the early lineup for Axios BFD. Nov. 17 in NYC: @DonaldJTrumpJr @RealOmeedMalik @AROD @sacca @RFS_Vista @blackstone's Joan Solotar @GoldmanSachs' Kim Posnett More to come Request an invite: axiosbfd2026interest.splasht…
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What the....?
Elizabeth Holmes Documentary Gets R-Rating for "Graphic Nudity" hollywoodreporter.com/movies…
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Last week a hedge fund manager was sentenced to 11 years in prison for a $30 million Ponzi scheme whose victims included Travis Kelce and ex-NBA players. Now the whistleblower is telling his story: axios.com/2026/09/25/whistle…
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(Because of weather… saved you a click)
🚨 EXCLUSIVE: Ed Sheeran's shows at Robert Kraft's Gillette Stadium are canceled. Details: tmz.com/2026/09/25/ed-sheera…
Community note
Though TMZ later stated in a comment that the cancellation was due to the weather, it is important to note that the original post is missing key context, which could cause people to misinterpret why the concert was canceled if they dont read the comments. cbsnews.com/boston/news/ed…
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Dan Primack retweeted
From Senate to gubernatorial races, candidates aren’t debating the way they used to — sign of the evolution of campaigns, changes in media and the erosion of democratic norms @HansNichols & I look at the numbers axios.com/2026/09/25/debates…
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ICYMI:
🚨 NEW: Garrett Langley, founder and CEO of public safety company Flock, will join Axios BFD on Nov. 17 in NYC. Request an invite: axiosbfd2026interest.splasht…
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Dan Primack retweeted
🚨Scoop: A memo circulating at White House this week paint effectiv altruism as a fringe, dangerous cult. The memo, obtained by @Axios, places Amodei at the foundation of the movement… axios.com/2026/09/24/trump-a…
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No notes
they really cooked with this
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Dan Primack retweeted
The White House has backed away from a plan to issue an executive order that would subject billions of dollars in federal health and biomedical research spending to heightened political scrutiny. trib.al/IqTJNNa
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I agree that there are no "safe" career paths anymore, and that learning entrepreneurial skills is a hack. But founders still need workers and/or consumers, or else they're not really making or selling anything. It's one step removed from core problem, but that's a short distance.
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Dan Primack retweeted
Raising your first fund? Most LPs won't touch a Fund I. These 12 do: 1. @CendanaCapital: Cendana. The reference LP for first funds, $2.5B+ across 70+ managers. Now also runs Cendana Nano for funds under $15M. 2. @screendoorvc: Screendoor. Exists for exactly one purpose: anchoring new managers raising their first institutional fund. 3. @IndustryVC: Industry Ventures. Backs first-time funds, often as the only institutional LP on the docs. 90+ emerging managers, and ~40% of their new $900M fund is earmarked for managers running under $250M. 4. @close_first: First Close Partners. The name is the whole thesis: they anchor first-time managers at first close. 100+ fund commitments so far. 5. @RecastCapital: Recast. Fund I through III, US emerging managers, plus an enablement program for women-led funds. 6. @lo_toney: Plexo Capital. 53 LP commitments and a program (GPX) built specifically for brand-new GPs. 7. @Beezer232: Beezer Clarkson. The most public emerging-manager advocate in the LP world, now at LGT Capital Partners. 8. @cdouvos: Chris Douvos. The SuperLP. Backs the managers everyone else passes on, and writes about it honestly. 9. @Samirkaji: Samir Kaji. Allocate talks to 300-400 emerging managers a year. Twenty years of backing first-timers. 10. @isomercapital: Isomer Capital. Europe's Fund I specialist. Backed Seedcamp, Hoxton and Entrepreneur First on day one, new €250M fund in the works. 11. @TrueBridgeCP: TrueBridge. Runs a dedicated vehicle just for managers raising under $200M. 12. @FairviewCapital: Fairview. Three decades of emerging-manager investing, and they just activated $150M of pension money for exactly this. Save this for the raise. And if you're an LP who belongs here, say so below.
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Have seen a bunch of people suggest that Paramount should just sell off CNN, but this misses that it needs the CNN carriage fees (plus those from other cable nets) to help make the debt payments.
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