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Founders · Monday, 24 August 2026 · Issue 83 · 8 stories

Solo founder $80M exit, DOE $500M battery lifeline

One founder built Base44 alone, sleeping in shifts to keep the servers running, and sold it for $80M cash four months later, before hiring anyone. That's a signal for bootstrapped founders in the AI era.

Funding & VC

Battery startups catch a $500M DOE lifeline via defense

When the One Big Beautiful Bill killed EV and battery incentives, US battery startups lost their demand floor. The Department of Energy just threw them a $500 million line: grants across Coreshell, Lilac Solutions, and Nth Cycle to rebuild domestic supply. The pitch is national security, not climate. Soldiers, drones, and fighter jets need U.S.-sourced batteries, and Washington now treats that as inescapable.

techcrunch.com ↗3 min read at source

A 18-startup audit of a16z's worst bets: bot farms, abuse-linked companions, and child-sexualization deepfakes

A new Midas Project investigation walks 18 of Andreessen Horowitz's most notorious startups and finds a pattern: bot farms faking human social presence, AI companions linked to abuse, a deepfake platform hosting sexualized content of children, and gambling-fintech built to exploit legal loopholes. Meanwhile the firm is spending tens of millions to shape AI policy, including a $100 million super PAC and alumni in government roles. It wants to write the rulebook it's already breaking.

modelrepublic.org ↗93 min read at source

DOJ probes a16z over rival AI board seats, why now, and who's next?

The DOJ is quietly probing Andreessen Horowitz for holding board seats at competing AI companies, a conflict most VCs assume is routine and rarely enforced. On TechCrunch's Equity podcast, insiders puzzle over why this, of everything, draws a year-long federal investigation. Ben Horowitz sits on Databricks' board; partner Martin Casado on Fivetran's. The real fear: smaller firms get made examples after.

techcrunch.com ↗8 min read at source

Building the Company

A solo founder sold his 4-month-old AI builder to Wix for $80M, before hiring anyone

Maor Shlomo built Base44 alone, waking every few hours to mind the servers, and cleared $1.5M in subscriptions within a month of launch. Four months in, no employees, zero VC, Wix bought the vibe-coding startup for $80M cash, with the founder staying on to run it. The deal came together over three dinners at Wix CEO Avishai Abrahami's home. A striking proof that bootstrapped singles can outpace funded teams in the AI era.

inc.com ↗5 min read at source

His startup keeps living skin alive for weeks, then trains AI on it

Outer Biosciences has quietly spent years perfecting the ability to keep living human skin alive outside the body for over a month. Only now is it going public about training an AI on that living tissue to screen skincare compounds, a test bed far more realistic than conventional cold assays. It is a rare AI-plus-biology gamble that stayed hidden for years.

techcrunch.com ↗11 min read at source

Growth & GTM

Close $100K+ enterprise deals: a real 15-step cycle, not the CRM's 5

Jen Abel (JJellyfish, State Affairs) breaks the standard five-stage CRM pipeline, calling it a forecasting tool, not a sales process, and maps the real cycle at roughly 15 steps. The memorable play: a "pincer model" that lands exec and one-level-down meetings simultaneously, plus a two-to-three-sentence pitch built around giving the buyer "alpha" before any demo. Walk-through runs from first cold outreach to procurement and the final signature.

lennysnewsletter.com ↗2 min read at source

You’re caught up.

That was all 8 stories in the 24 August issue.