

Content & Insights
Check out our most recent insights based on our view of today’s markets.
If you would like to see other commentary from our team, please contact us.
Latest From The R136 Team
Latest From The R136 Team

Victor Orlovski
Aug 26, 2026
R136 Ventures Growth Digest #15: $69B+ in Acquisitions, Biotech IPOs Surge, Anduril Enters the Top 10
Last month we said a ceiling was forming at the top. August kept the M&A wave rolling. SpaceX closed its $60B Cursor deal. Stripe dropped $7.5B on OpenRouter.


R136 Ventures
Aug 18, 2026
5 lessons from an hour with Zoom founder Eric S. Yuan 💻
Recently, Eric Yuan joined Victor Orlovski and his Stanford GSB Executive Education Program class for an hour-long conversation about building Zoom, AI, company culture, going public, and competing in the US.


R136 Ventures
Aug 13, 2026
Three R136 portfolio companies just made the 2026 Inc. Magazine 5000.
The annual Inc. 5000 recognizes the fastest-growing private companies in America, and this year we’re excited to see three R136 Ventures portfolio companies on the list:


Denis Efremov
Aug 4, 2026
The most interesting thing about tokenmaxxing isn’t who burns the most tokens – it’s how quickly the top developers are converging on the same tools.
Quick backstory: the "tokenmaxxing" trend started with Meta's internal leaderboard, which leaked to the press and got yanked days later. Samuel Odio built a public version for the HN crowd. Connect your GitHub, you're on the board.


Victor Orlovski
Jul 9, 2026
Few weeks into the Stanford Executive Program now.People think program like this is about frameworks..
178 people, most of them running or building something real, pulled out of their companies for weeks. You sit next to someone who runs a business on other side of the world and you realize you are both stuck on same problem, just wearing different clothes.


Victor Orlovski
Aug 26, 2026
R136 Ventures Growth Digest #15: $69B+ in Acquisitions, Biotech IPOs Surge, Anduril Enters the Top 10
Last month we said a ceiling was forming at the top. August kept the M&A wave rolling. SpaceX closed its $60B Cursor deal. Stripe dropped $7.5B on OpenRouter.


R136 Ventures
Aug 18, 2026
5 lessons from an hour with Zoom founder Eric S. Yuan 💻
Recently, Eric Yuan joined Victor Orlovski and his Stanford GSB Executive Education Program class for an hour-long conversation about building Zoom, AI, company culture, going public, and competing in the US.


R136 Ventures
Aug 13, 2026
Three R136 portfolio companies just made the 2026 Inc. Magazine 5000.
The annual Inc. 5000 recognizes the fastest-growing private companies in America, and this year we’re excited to see three R136 Ventures portfolio companies on the list:


Denis Efremov
Aug 4, 2026
The most interesting thing about tokenmaxxing isn’t who burns the most tokens – it’s how quickly the top developers are converging on the same tools.
Quick backstory: the "tokenmaxxing" trend started with Meta's internal leaderboard, which leaked to the press and got yanked days later. Samuel Odio built a public version for the HN crowd. Connect your GitHub, you're on the board.


Victor Orlovski
Jul 9, 2026
Few weeks into the Stanford Executive Program now.People think program like this is about frameworks..
178 people, most of them running or building something real, pulled out of their companies for weeks. You sit next to someone who runs a business on other side of the world and you realize you are both stuck on same problem, just wearing different clothes.

"Ventures from the Valley" Podcast
"Ventures from the Valley" Podcast
"Ventures from the Valley" Podcast
Long‑Form Essays & Media
Long‑Form Essays & Media

Victor Orlovski
Sep 2, 2026
Unscripted with Victor: Agentic AI, Fintech's Future, and the Death of the App Economy
In this special episode of Ventures from the Valley, Victor Orlovski turns the conversation around and shares his own perspective on AI, investing, fintech, and what it means to build in a world where technology is evolving faster than ever.


Victor Orlovski
Aug 26, 2026
R136 Ventures Growth Digest #15: $69B+ in Acquisitions, Biotech IPOs Surge, Anduril Enters the Top 10
Last month we said a ceiling was forming at the top. August kept the M&A wave rolling. SpaceX closed its $60B Cursor deal. Stripe dropped $7.5B on OpenRouter.


Victor Orlovski
Aug 17, 2026
The Trillion-AI Agent Economy Has No Payment System.
I was CTO for a financial institution that processed half of a country’s transactions. Over 20,000 engineers reported up through my org, and the IT budget ran to roughly $5 billion a year.


Denis Efremov
Jul 13, 2026
The VC Inbound (and a Bit of Outbound) Survey 2026: Top-9 Patterns Worth Knowing Before You Raise
The survey ran from December 15, 2025 to March 30, 2026, and 67 validated respondents made it into the final dataset. Want to download the full report? The link is at the end of this post 👇


Victor Orlovski
Sep 2, 2026
Unscripted with Victor: Agentic AI, Fintech's Future, and the Death of the App Economy
In this special episode of Ventures from the Valley, Victor Orlovski turns the conversation around and shares his own perspective on AI, investing, fintech, and what it means to build in a world where technology is evolving faster than ever.


Victor Orlovski
Aug 26, 2026
R136 Ventures Growth Digest #15: $69B+ in Acquisitions, Biotech IPOs Surge, Anduril Enters the Top 10
Last month we said a ceiling was forming at the top. August kept the M&A wave rolling. SpaceX closed its $60B Cursor deal. Stripe dropped $7.5B on OpenRouter.


Victor Orlovski
Aug 17, 2026
The Trillion-AI Agent Economy Has No Payment System.
I was CTO for a financial institution that processed half of a country’s transactions. Over 20,000 engineers reported up through my org, and the IT budget ran to roughly $5 billion a year.


Denis Efremov
Jul 13, 2026
The VC Inbound (and a Bit of Outbound) Survey 2026: Top-9 Patterns Worth Knowing Before You Raise
The survey ran from December 15, 2025 to March 30, 2026, and 67 validated respondents made it into the final dataset. Want to download the full report? The link is at the end of this post 👇


Victor Orlovski
Sep 2, 2026
Unscripted with Victor: Agentic AI, Fintech's Future, and the Death of the App Economy
In this special episode of Ventures from the Valley, Victor Orlovski turns the conversation around and shares his own perspective on AI, investing, fintech, and what it means to build in a world where technology is evolving faster than ever.


Victor Orlovski
Aug 26, 2026
R136 Ventures Growth Digest #15: $69B+ in Acquisitions, Biotech IPOs Surge, Anduril Enters the Top 10
Last month we said a ceiling was forming at the top. August kept the M&A wave rolling. SpaceX closed its $60B Cursor deal. Stripe dropped $7.5B on OpenRouter.


Victor Orlovski
Aug 17, 2026
The Trillion-AI Agent Economy Has No Payment System.
I was CTO for a financial institution that processed half of a country’s transactions. Over 20,000 engineers reported up through my org, and the IT budget ran to roughly $5 billion a year.


Denis Efremov
Jul 13, 2026
The VC Inbound (and a Bit of Outbound) Survey 2026: Top-9 Patterns Worth Knowing Before You Raise
The survey ran from December 15, 2025 to March 30, 2026, and 67 validated respondents made it into the final dataset. Want to download the full report? The link is at the end of this post 👇

Events, Webinars & Live Briefing
Events, Webinars & Live Briefing
The AI Inflection: Key Highlights and Trends for 2026
November 18, 2025 // 9 AM – 11 AM (PST)

State of eCommerce: Key Market Highlights and Trends in 2025
March 20, 2025 // 1:00 PM - 3:00 PM EDT

R136 Exclusive Fireside Chat with the President of Blockchain.com ⚡️
December 19, 2024 // 11:00 AM - 12:00 PM EST

State of FinTech: Key Market Highlights and Trends in 2024
November 12, 2024 // 10:00 AM - 12:00 PM EST

State of Data Centers: Key Market Highlights and Trends in 2024
October 8, 2024 // 10:00 AM - 12:00 PM EDT

The AI Inflection: Key Highlights and Trends for 2026
November 18, 2025 // 9 AM – 11 AM (PST)

State of eCommerce: Key Market Highlights and Trends in 2025
March 20, 2025 // 1:00 PM - 3:00 PM EDT

R136 Exclusive Fireside Chat with the President of Blockchain.com ⚡️
December 19, 2024 // 11:00 AM - 12:00 PM EST

State of FinTech: Key Market Highlights and Trends in 2024
November 12, 2024 // 10:00 AM - 12:00 PM EST

State of Data Centers: Key Market Highlights and Trends in 2024
October 8, 2024 // 10:00 AM - 12:00 PM EDT

Events, Webinars & Live Briefing
The AI Inflection: Key Highlights and Trends for 2026
November 18, 2025 // 9 AM – 11 AM (PST)

State of eCommerce: Key Market Highlights and Trends in 2025
March 20, 2025 // 1:00 PM - 3:00 PM EDT

R136 Exclusive Fireside Chat with the President of Blockchain.com ⚡️
December 19, 2024 // 11:00 AM - 12:00 PM EST

State of FinTech: Key Market Highlights and Trends in 2024
November 12, 2024 // 10:00 AM - 12:00 PM EST

State of Data Centers: Key Market Highlights and Trends in 2024
October 8, 2024 // 10:00 AM - 12:00 PM EDT


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© 2025 All rights reserved.
Silicon Valley
2925 Woodside Rd,
Woodside, CA 94062
Tel Aviv
37 Menachem Begin Rd. Rubinstein House
Tel Aviv 6522042
Dubai
Dubai Silicon Oasis, DDP, Building A2 IFZA
Business Park Dubai, U.A.E.

Join our newsletter to receive growth-stage insights straight to your inbox

Join our newsletter to receive growth-stage insights straight to your inbox
© 2025 All rights reserved.
Silicon Valley
2925 Woodside Rd,
Woodside, CA 94062
Tel Aviv
37 Menachem Begin Rd. Rubinstein House
Tel Aviv 6522042
Dubai
Dubai Silicon Oasis, DDP, Building A2 IFZA
Business Park Dubai, U.A.E.

Join our newsletter to receive growth-stage insights straight to your inbox

Join our newsletter to receive growth-stage insights straight to your inbox
© 2025 All rights reserved.
Silicon Valley
2925 Woodside Rd,
Woodside, CA 94062
Tel Aviv
37 Menachem Begin Rd. Rubinstein House
Tel Aviv 6522042
Dubai
Dubai Silicon Oasis, DDP, Building A2 IFZA
Business Park Dubai, U.A.E.

Content & Insights
Please check out our most recent insights based on our view of today’s markets. If you would like to see other commentary from our team, please contact us.

Content & Insights
Please check out our most recent insights based on our view of today’s markets. If you would like to see other commentary from our team, please contact us.











