Happy Saturday everyone! While my wife is taking a well-deserved break for my sister’s bachelorette party, I’m on daddy duty, observing a few things: the kids are less whiny without their mom around, and I’m discovering small details I wouldn’t normally notice. Despite enjoying this bonding time, I’m looking forward to having her home tomorrow.

Next week is going to be hectic for me: a board meeting in Boston, attending an institutional LP conference, and prepping my youngest for her ear surgery. Here are some of my top reads and listens from last week – enjoy!

Reads ?

• writes about the The Dry Powder Fallacy: This is the illusion that there “is so much money” out there that is waiting to be deployed. It is a thought I have had for awhile but was too lazy to do an analysis. Jay predicts about 50% less than we think.

• talks about “How Can I Be Helpful.” This surrounds VCs needs to be the one to provide value for a founder.

• HCA reports higher than expected earnings. Good signal for hospitals- hopefully this is a trend.

• a16z writes about B2B Generative AI app. This is a good product piece how LLMs will shift to “SynthAI” to be more useful in the B2B construct.

• Tomasz Tunguz writes about how software growth is accelerating but it is still feel like it because it is slowing from 2021 hysteria.

• A great follow up on is PE Bad for Healthcare by Out of Pocket.

Listens ?

Really great pod with Deena Shakir of Lux Capital. She talks a great deal about some of the focus interests that she and Lux has including deep tech, fem-tech, healthcare IT etc.

Lewis Johnson had some interesting insights on the gold trade right trade now. It seems a little panicky to me but none the less good counter balance on stocks will always go up argument.