Private Equity 3 Hours

Last updated: June 5, 2026, 8:30 PM ET

Private Equity & Venture Dynamics

Reid Hoffman stepping down from Microsoft board to pursue AI‑driven drug discovery at Manus signals a shift in elite venture focus, as his decade‑long tenure yielded multiple exits for Microsoft. Meanwhile, a viral thread on X has VC founders sharing horror stories, exposing governance gaps and fueling debate over due diligence standards across the sector. The juxtaposition of Hoffman’s exit and the candid disclosures underscores growing scrutiny of venture practices amid tightening capital flows.