Satellites Soar, Startups Surge

LFG Ventures presents a weekly newsletter delivering private market (pre-IPO) insights and signals across tech and frontier industries.

Hey friends,

Another week, another whirlwind of breakthroughs across tech and venture. From SpaceX pushing the boundaries of satellite connectivity to Kraken stepping beyond crypto, innovation isn't just trending—it's accelerating. We've got the pulse on the biggest moves and boldest bets shaping the future. Let’s ride.

📡 Radar 

… all portfolio companies this week!

🚀 SpaceX Hits 250th Starlink Launch

SpaceX successfully launched its 250th dedicated Starlink mission, deploying 23 satellites—including 13 with direct-to-cell capability—from Cape Canaveral on April 27. ​Read more on Space

⚡ Jack Mallers Balances Dual Roles

Jack Mallers, CEO of Strike, has taken on the additional role of CEO at Twenty One Capital, a Bitcoin-native company launched with backing from Tether and SoftBank. He assures that his commitment to Strike remains unwavering. Read more on Bitcoin Magazine

📈 Republic's PE Fund Shows Strong Returns

Republic reports that its private equity fund, offered in partnership with Hamilton Lane, has generated returns exceeding 30% since its inception in February 2024. Read more on Crowdfund Insider

🏦 Kraken Expands Beyond Crypto

Kraken has launched commission-free trading for traditional assets, marking a significant step in its expansion beyond cryptocurrency. Read more on Reuters

🤖 xAI is About to Cross into 9 Figures

After the merger with X, Elon Musk's xAI Holdings is in talks to raise approximately $20 billion in funding, potentially valuing the company at over $120 billion. Read more on Reuters

📣 Updates

Coco robots are now delivering food in LA and Chicago.

🔦 Portfolio Spotlight: Coco Robotics

You may see some robots roaming your city as Coco expands its partnership with DoorDash to offer sidewalk robot delivery services, enhancing last-mile delivery solutions. Let us know if you see any in your city. Read more on Yahoo Finance

🎧 Vibes

Chris went to the Rüfüs Du Sol concert in Tampa last night. It was awesome.

🇺🇸 Where We’re Going 

Chris will be in Naples, FL next week to play in the Folds of Honor golf outing.

💬 Prompt

Ready when you are.

Act as a productivity coach. I have 8 hours today. Help me allocate time for deep work, meetings, and breaks to maximize efficiency.

🧠 Wisdom

💬 Quote of the Week

“The greatest weapon against stress is our ability to choose one thought over another.” — William James

While some say “it is what it is,” this mentality aligns with one of our favorite philosophies: it is what you make it.

📖 Book Recs

If you’re looking to start a book club or simply looking for a good read, here are some of our all-time favorites.

🧐 Perspective

Calling it a “tech stack” makes it sound very cumbersome — like a Jenga tower that is fragile and going to crumble with the wrong removal or addition. Isn’t the point of technology to simplify productivity, not stack tools?

🤝 Get in the Room

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*Vibes and values must be aligned. Must be an "accredited investor."

Stay informed and ahead of the curve,

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