‘We have consistently flirted with death’: Elon Musk wanted the Boring Co. to build a tunnel system below Las Vegas. Former employees say they feared for their lives while working there There’s trouble below at Elon Musk’s Boring Co. | More women come forward with claims of mistreatment at Carta, the startup unicorn last valued at $7.4 billion | CEO of Ozempic prescription startup Calibrate steps down as investors eye ‘rapid downsizing’ of consumer business | Andreessen Horowitz is adding major California pension funds to its LP base for the first time, records show | Peter Thiel launched a student newspaper 36 years ago. It has since become one of the surest paths to success in Silicon Valley | Venture capitalist Joe Lonsdale pitched a $2.6 billion citywide tunnel system project built by Elon Musk’s Boring Company to Austin’s mayor, emails show | How hard is it to get VC money during a drought? We spent 6 months following startup Yoodlize as they tried to raise their seed round | Bari Weiss, Joe Lonsdale, and Niall Ferguson have dreams of building a free speech school in Texas. Emails from a regulator reveal they aren’t authorized to call it a ‘college’ | From his new home in Austin, legendary VC Bill Gurley opens up about why he stepped back from Benchmark and his next act | Inside the structure of OpenAI’s looming new investment from Microsoft and VCs | Inside the chaos at Canoo, the zero-revenue, cash-burning EV company that just inked a major deal with Walmart | The surprising heart of drone technology is on the Choctaw reservation in Oklahoma | The good times in Silicon Valley come crashing to a halt | How Ozy Media collapsed in 6 days | The unauthorized profile of Chris Dixon, the world’s top crypto investor | Nicola Kilner quietly saved a multimillion-dollar beauty empire | Hold the line: Inside Wells Fargo's pandemic response

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Hey there! 👋🏻

I'm Jessica Mathews.

Business Reporter, Fortune

I’m a senior writer at Fortune Magazine, where I write about venture capital and startups. I wrote the Term Sheet newsletter for two years, where I won an EPPY award for best business/finance blog. Before that, I covered the wealth management industry for Financial Planning. Now I’m spending all my time digging into the world’s largest private companies and trying to bring more transparency to the private markets. You can follow all my stories here, email me here, send me a confidential tip on Signal here, or follow me on X here.