Your Daily Gist — April 11, 2026

Hi Quai, welcome to Daily Gist — your newsletters, distilled into conversation! Venture capital just shattered every record in the book with a quarter-trillion dollar surge, but nearly two-thirds of that global wealth went to just four companies. If you strip away those four outliers, does this quarter actually look like a peak, or are we just watching a few black holes swallow the entire galaxy of startup capital? $252.6 billion is a headline-grabbing number, but if