Welcome back to Townhall, the newsletter for founders & tech employees from the creators of Frame, the unified suite of collaboration apps for teams.

Today, we cover Goldman Sachs’ AI market research, Sequoia Capital’s scaling down from crypto, Kirstie Pickering’s guidance for making successful early-stage startup hires, and many more. 🤝

Hot In Founders World

Tech 🧑‍💻 The AI market is projected to reach nearly $200 billion by 2025, reflecting a strong upward trend in global AI investment and adoption, according to Goldman Sachs research.

Finance 📊 Mark Zuckerberg's metaverse project has led to a $40 billion loss, and Meta intends to continue spending despite rising expenses, especially in metaverse and AI efforts.

Venture Capital 💵 Sequoia Capital has reportedly scaled down its crypto fund from $585 million to $200 million, signaling potential adjustments within the cryptocurrency investment landscape.

Launching on Product Hunt 🚀

Stay tuned! On September 27th, Frame is launching on Product Hunt.

If you haven't already, create your account on Product Hunt here. We will need your support on launch day.

Thinking We Loved

🎯 Sean Byranes provides valuable insights for effectively managing distractions in today's fast-paced work environment.

♟️ Kirstie Pickering shares practical guidance for making successful early-stage startup hires.

🤝 Bernard Marr outlines nine essential ingredients for cultivating an optimal culture that fosters success.

Three Tools

🔍 Fiber lets you connect with any prospect like you actually know them.

🚀 Tempo generates high-quality react code directly in your codebase to ship UIs in minutes.

📦 Merge is is a single API to add hundreds of integrations to your app.

Hustler’s Quote Of The Week

Customer Spotlight

“From start-ups to companies, success hinges on seamless teamwork — and Frame delivers the edge you need.”

Selim Önal, Director Of Engineering & Head of Engineering Experience, Ladder