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The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: PitchBook Newsletters Plus: FOMO fuels VC valuations, a race for the wealthy, PE execs flee to credit and secondaries & more April 19, 2026 | Read online | Manage your subscription The Weekend Pitch (Chloe Ladwig/PitchBoo [...] Content analysis details: (0.5 points, 5.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- -2.5 RCVD_IN_HOSTKARMA_W RBL: Sender listed in HOSTKARMA-WHITE [159.183.175.69 listed in hostkarma.junkemailfilter.com] 0.0 RCVD_IN_VALIDITY_RPBL_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. 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[URI: pitchbook.com] -0.0 SPF_PASS SPF: sender matches SPF record -0.1 DKIM_VALID Message has at least one valid DKIM or DK signature 0.1 DKIM_SIGNED Message has a DKIM or DK signature, not necessarily valid -0.1 DKIM_VALID_AU Message has a valid DKIM or DK signature from author's domain 0.0 RCVD_IN_MSPIKE_BL Mailspike blocklisted 0.1 MIME_HTML_ONLY BODY: Message only has text/html MIME parts 0.0 HTML_MESSAGE BODY: HTML included in message 0.5 KAM_REALLYHUGEIMGSRC RAW: Spam with image tags with ridiculously huge http urls X-Spam-Flag: NO <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional //EN" "http://www= .w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns=3D"http://www.w3.org/1999/xhtml" xmlns:v=3D"urn:schemas-microso= ft-com:vml" xmlns:o=3D"urn:schemas-microsoft-com:office:office"> <head> <meta http-equiv=3D"Content-Type" content=3D"text/html; charset=3Dutf-8"> <meta http-equiv=3D"X-UA-Compatible" content=3D"IE=3Dedge"> <meta name=3D"viewport" content=3D"width=3Ddevice-width, initial-scale=3D= 1.0"> <meta name=3D"x-apple-disable-message-reformatting"><!--[if gte mso 9]><x= ml> <o:OfficeDocumentSettings> <o:AllowPNG/> <o:PixelsPerInch>96</o:PixelsPerInch> </o:OfficeDocumentSettings> </xml><![endif]--> <title>PitchBook Newsletters</title><!--[if (gte mso 9)|(IE)]> <style type=3D"text/css"> table { border-collapse: collapse; } body,table tr,table td, div, a, span { font-family: Roboto, Arial, sans-serif !important; } </style> <![endif]--> <style> /* Windows Phone Viewport Fix */ @-ms-viewport { width: device-width; } .mobile-only { display: none !important; mso-hide: all !important; } .desktop-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 0 !important; } @media only screen and (max-width: 800px) { .mobile-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 1px solid #C3C3C3 !important; } .desktop-only { display: none !important; mso-hide: all !important; } .container { width: 100% !important; min-width: 280px; } .content { padding: 0 5px; } .walkthrough-image { width: 100% !important; } .performer-title, .performer-content{ font-size: 6px !important; } .header-msg { font-size: 9px !important; } .pre-header { padding: 10px 20px !important; text-align: left !important; } .side-bar { display: none !important; width: 0 !important; max-width: 0 !important; height: 0 !important; max-height: 0 !important; opacity: 0 !important; } .line-breaker { display: block !important; } .responsive-img { width: 100% !important; } } </style> </head> <body style=3D"margin: 0 !important; padding: 0 !important;"> =20 <table lang=3D"x-pre-header" class=3D"pre-header" cellspacing=3D"0" cellp= adding=3D"0" border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, sans-seri= f; font-size: 14px; color: #78766f; -webkit-text-size-adjust: none;"><span = style=3D"color: #78766f; font-size: 1px; display: none !important;"> Plus: = FOMO fuels VC valuations, a race for the wealthy, PE execs flee to credit a= nd secondaries & more </span></td> </tr> </tbody> </table>=20 <style> @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 800; src: local('Roboto ExtraBold'), url('https://fonts.pitchbook.com/ne= wsletter/Roboto-ExtraBold.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 400; src: local('Roboto Regular'), url('https://fonts.pitchbook.com/news= letter/Roboto-Regular.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 300; src: local('Roboto Light'), url('https://fonts.pitchbook.com/newsle= tter/Roboto-Light.ttf') format('truetype'); } @font-face { font-family: 'Roboto Serif'; font-style: normal; font-weight: 500; src: local('Roboto Serif Medium'), url('https://fonts.pitchbook.com= /newsletter/RobotoSerif-Medium.ttf') format('truetype'); } td ul { padding-left: 1.8em; } td li { position: relative; margin-bottom: 0.5em; } </style> <table lang=3D"x-main-wrap" width=3D"100%" cellpadding=3D"0" cellspacing= =3D"0" border=3D"0" style=3D"min-width: 100%; background-color: #F0EBDE; fo= nt-family: Roboto, Arial, sans-serif;"> <tbody> <tr> <td align=3D"center"><!--[if (gte mso 9)|(IE)]> <table lang=3D"x-main-container" width=3D620" cellpadding=3D"0"= cellspacing=3D"0" border=3D"0" align=3D"center"> <tr> <td> <![endif]-->=20 <table lang=3D"x-main-container" class=3D"container" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"max-width: 620px;"= > =20 <tbody> <tr> <td class=3D"content" width=3D"100%" style=3D"min-width: 100%; pad= ding-left:5px; padding-right:5px;"> <table lang=3D"x-header" class=3D"container" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> =20 <tbody> <tr> <td> <table lang=3D"x-header-subscription" style=3D"min-width: 100= %; text-align: left;" cellspacing=3D"0" cellpadding=3D"0" align=3D"center" = width=3D"100%"> <tbody> <tr> <td class=3D"header-msg" style=3D"padding-top: 20px; paddi= ng-bottom: 28px; font-family: Roboto, Arial, sans-serif; fon= t-size: 11px; -webkit-text-size-adjust: 70%; text-size-ad= just:70%; -ms-text-size-adjust: 70%; text-align: center;">April 19, 2026 &n= bsp; | <a href=3D"https://url6380.news.pitchbook.com/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVDCr0KBReRy= 4e6N9UNtfKBqYAfnv3tB4CGauqZIOh95g-3D-3DdYhc_Pr966knuaHmaw6c7pKvB-2BCEiDnj5U= wlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRZlHa7YincMImqDhsThT8SU4DZpCYaTBmJbM2vG= tA48EXtoA5UUzvq5TyQDiQ0IeYlLmjr4g7fQQMtdJHlh7zVYoUH37N-2Fx8ClZVg4ztid-2BAJJ= az6oyZgPp8mYlDJ1yqcuNEyQ20dZpmz6OOhLOgS1LgjEGmLSzHm0hUF2KxQHeoYpv6mBNrmrTMe= PdWoBpfJMPym88VXrrAQ7TIzJEB-2Bv8-2F-2FnwPEhoFiaJ94fH2-2FMEOyrtXqfB3G9-2BPI2= bOVTgSXjF59uyc9zBRWeeocwi9xt48FuVj-2FXYtm0Hb1nqC3J09mBAKi7VxBXIr4WONxGoVyz0= 9pAlxQmpC1G7-2FNUEfRuSfEyEVXAKtbMsoqp-2FgqnUIsHAhqw6HWl-2FvrdrBKeGezkU6KW26= pwbwD2noTQKdPEzjkpmy-2BNSTwtKNo-2F8eb381J1W7YNXXN-2FYi7fL972NkkY-2F3Wjh8ERF= BqkIqYSG8stWnrQrqtNhmNOk83oMlTwT3GpudmYxxJnd9kdg8SYPfC" target=3D"_blank" s= tyle=3D"text-decoration: underline; 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font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Weekend Pitch</s= pan></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVDCr0KBReRy4e6N9UNtfKBtAsyM4PDx= Fkl1do1We5Svw-3D-3Dt2wk_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI= 43kbMcVf8UYA68NVRZlHa7YincMImqDhsThT8SU4DZpCYaTBmJbM2vGtA48EXtoA5UUzvq5TyQD= iQ0IeYlLmjr4g7fQQMtdJHlh7zVYoUH37N-2Fx8ClZVg4ztid-2BAJJaz6oyZgPp8mYlDJ1yqcu= NEyQ20dZpmz6OOhLOgS1LgjEGmLSzHm0hUF2KxQHeoYpv6mBNrmrTMePdWoBpfJMPym88VXrrAQ= 7TIzJEB-2Bv8-2F-2FnwPEhoFiaJ94fH2-2FMEMakvorl3uXL6WD1qcbw6mWC9bi5a25y9Vtygh= b5ixR1XFI1YLHaP2bA9pnwARbotM71simQ9bOa1ojKO8Sn3ff9sUz8mIH29UqFMiDN91LLI3wIY= EAMzzDF1pxaCYR26WiytZkeuUt91lzlslAsT9n2klZYv4RB51LM31-2FbQjrm9aGWwNxrKxYa89= vdeAcxP3KgegJgjoW4lOewPT6Mu2aAkuRUJ5HBjS8dWtJ-2FZjPCwfwb4dQ9PTR-2B-2BkY94iF= LWqS-2FqEn9CbMiH5ZSdjt-2BIab" universal=3D"true"> <img align=3D"center" alt= =3D"" src=3D"https://img.pitchbook.com/news/73830.png" style=3D"border: non= e; width: 100%; height: auto;"> </a></td> </tr> <tr> <td align=3D"right" style=3D"text-align: righ= t; font-size: 10px; line-height: 27px; padding-bottom: 8px; color: #78766F;= font-family: Roboto, Arial, sans-serif; font-weight: 300">(Chloe Ladwig/Pi= tchBook News)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Employ= ees at the most valuable private companies approaching IPOs are increasingl= y declining to sell into tender offers worth billions of dollars, even as i= nvestor demand to buy their shares far outstrips what's available.<br><br> The holdouts are reshaping how pre-IPO liqui= dity works at the three most valuable private companies: Anthropic, OpenAI = and SpaceX. Tender offers from US startups hit $18.4 billion in 2025, accor= ding to PitchBook research. For employees at these companies headed for meg= a-IPOs, the math has changed.<br><br> I'm Michael Bodley, and this is The Weekend = Pitch. You can reach me at <a href=3D"mailto:michael.bodley@pitchbook.com" = style=3D"color: #1D5080;" test=3D"">michael.bodley@pitchbook.com</a> or on = <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4= Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzVDCr0KBReRy4e6N9UNtfKBqyqN0-2BhkJHCXIQxO= CIAceQ-3D-3DjYgK_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV= f8UYA68NVRZlHa7YincMImqDhsThT8SU4DZpCYaTBmJbM2vGtA48EXtoA5UUzvq5TyQDiQ0IeYl= Lmjr4g7fQQMtdJHlh7zVYoUH37N-2Fx8ClZVg4ztid-2BAJJaz6oyZgPp8mYlDJ1yqcuNEyQ20d= Zpmz6OOhLOgS1LgjEGmLSzHm0hUF2KxQHeoYpv6mBNrmrTMePdWoBpfJMPym88VXrrAQ7TIzJEB= -2Bv8-2F-2FnwPEhoFiaJ94fH2-2FMEO3zCmG57H1ItGxxIH-2BG06MovP7OmnOrFFL76G3M0Fi= 2bOycMHMvuW0o-2FqhfN4RgLwtM13XxAn-2BbBWyHG9C6TaECkCteopJ61dmz57vecihFHqHgrH= XtY4XmRnIJtvQ26wjC68UGuxQv67G3doUwIY630c4KTBxut3GHPkYyLVZYn7w0LoiUmFLvYFjZu= tVSTTbbFADjzvQd8A253NqlOCEciTQKHvFEVk636a8Dk9sOW7IXa2syVbqFdPuFn6cQ50tNY60p= RAcpway-2BXOVmta6" style=3D"color: #1D5080;" test=3D"">LinkedIn</a>.<br><br= > "There is less incentive to sell into a tend= er the closer a company gets to an IPO, as the employees can sense a liquid= ity event on the horizon," said Shriram Bhashyam, COO of Sydecar, an SPV ex= ecution platform.<br><br> Anthropic's most recent tender offer fell sh= ort of the roughly $6 billion of equity investors had hoped to purchase, as= employees held on to shares at a $350 billion valuation, according to an i= nvestor in the company who spoke on the condition of anonymity. The company= 's annualized revenue has surpassed $30 billion=E2=80=94up from roughly $9 = billion at the end of 2025, Bloomberg reported.<br><br> OpenAI expanded its tender last fall, from a= $6 billion target to $10.3 billion to accommodate investor demand, accordi= ng to reports. But employees ultimately sold roughly $6.6 billion in stock,= leaving $4 billion in unfulfilled buyer interest. That $6.6 billion tender= alone accounted for 6.2% of all 2025 US secondary transaction value, accor= ding to PitchBook data.<br><br> It's unclear whether SpaceX had a similar ga= p in employees willing to sell their shares in its December 2025 tender off= er valuing it at $800 billion, though the company was already said to be ta= rgeting a $1.5 trillion valuation for a 2026 IPO.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzVDCr0KBReRy4e6N9UNtfKBtAsyM4PDxFkl1do1We5Svw-3D-3DS= ZFZ_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRZlH= a7YincMImqDhsThT8SU4DZpCYaTBmJbM2vGtA48EXtoA5UUzvq5TyQDiQ0IeYlLmjr4g7fQQMtd= JHlh7zVYoUH37N-2Fx8ClZVg4ztid-2BAJJaz6oyZgPp8mYlDJ1yqcuNEyQ20dZpmz6OOhLOgS1= LgjEGmLSzHm0hUF2KxQHeoYpv6mBNrmrTMePdWoBpfJMPym88VXrrAQ7TIzJEB-2Bv8-2F-2Fnw= PEhoFiaJ94fH2-2FMENdBbt8BAH37MjZhegeG-2BMjxoXJKp2e0F7p8mMc0gKKgfhAk4I8WGdVj= pLn65INj6P3MozzAx2iWrlr9datkskopmHy-2BmU5g2XvH2tx8reS8dc-2BTu19fhzn9d8-2FFq= 1lgoD5bZmHkRC3OfCKrcCMiBaxMwbnr1KjGZgQ69hbuLLiTrmS-2Bo7JWyDn3XWkOX0hGdOeXDu= XEhZLIr6IalxH4-2Fxce3iDbrG66Y6M2wWF4NA6TDgGqvvJPl3G-2Fduatpaiypyu93wswpiSKA= 0hzt3-2BISy-2B" style=3D"font-family: Roboto, Arial, sans-serif; font-size:= 18px; text-decoration: none; color: black; padding-left: 3px" target=3D"_b= lank" universal=3D"true">Read more<img height=3D"24" src=3D"https://fonts.p= itchbook.com/newsletter/arrow-right.png" style=3D"vertical-align: middle; m= argin-left: 8px;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>A message from PitchBook</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_579831" id=3D"n_579831" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> Create a bespoke data-driven r= eport with PitchBook </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table lang=3D"x-content-area" cellpadding=3D"0" = cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table lang=3D"x-content-area-main" cellpaddi= ng=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td valign=3D"top" align=3D"left" style=3D"pa= dding-bottom: 20px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;">PitchBook's Custom Re= search team works with you to design a bespoke, white-label report on a top= ic of your choice =E2=80=94 backed by premier financial data and expert ana= lyst insights. The result is a high-quality, data-driven piece that's yours= to use across campaigns, driving leads and establishing thought leadership= with your target audience. <br><br><a test style=3D"color: #1D5080;" href= =3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7S= pSWIrf6GFa-2BaqM7ONnvsnswouzWmIIEXA9W0gbQ8zzWSY0HTkU6lAjGLmBKGKcvabgNf4Q-3D= -3DRVUD_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NV= RZlHa7YincMImqDhsThT8SU4DZpCYaTBmJbM2vGtA48EXtoA5UUzvq5TyQDiQ0IeYlLmjr4g7fQ= QMtdJHlh7zVYoUH37N-2Fx8ClZVg4ztid-2BAJJaz6oyZgPp8mYlDJ1yqcuNEyQ20dZpmz6OOhL= OgS1LgjEGmLSzHm0hUF2KxQHeoYpv6mBNrmrTMePdWoBpfJMPym88VXrrAQ7TIzJEB-2Bv8-2F-= 2FnwPEhoFiaJ94fH2-2FMEODgDcAIXu9JStn40flsGfY26337VucghouOUn3ctMZwYV2-2FCRP0= zDvzpnFU9ScnLTfmBgVukaE0d63RA7-2Bi9h-2Fo-2Ff98SKNpnjPTyww7JBp-2FK2Ny33xRowy= PxBLXDkOsZFnSPYj0XGOLEW4VeAUyiM3ZG-2BR-2FKr8Ujd75-2BLLQC8hIja8wHC84QMVFG9wd= Guj3goW2bV9E-2FfOuSL7MWBmPwjGoTJHKcPbjYXaRS0HJYNl03ZLSINli-2Bd9yIsxXqvqwlnS= WLk38iCznRyeXztJqd8k">Get in touch with the Custom Research team</a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> = =20 <center> <h2><b>Trivia</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">VC dea= lmaking and exits both rose to new heights in Q1 2026, but the uneven distr= ibution of deal and exit value in the US tells a different story. Exit valu= e hit $347.3 billion in Q1, but by what percentage does this number fall if= the top five largest exits are excluded?<br><br> A) 56.6%<br> B) 66.6%<br> C) 76.6%<br> D) 86.6%<br><br> Find your answer at the bottom of The Weeken= d Pitch!</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>ICYMI</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">A sele= ction from our most-read articles of the past few days.=20 <ul> <li><b>Wealth management firms are selling fa= ster than ever</b> as PE and asset managers race to capture the booming ult= ra-high-net-worth market. <a href=3D"https://url6380.news.pitchbook.com/uni= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWmIIEXA9W0= gbQ8zzWSY0HTnoHKVQrFTMyA067bkqgPdA-3D-3D5784_Pr966knuaHmaw6c7pKvB-2BCEiDnj5= UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRZlHa7YincMImqDhsThT8SU4DZpCYaTBmJbM2v= GtA48EXtoA5UUzvq5TyQDiQ0IeYlLmjr4g7fQQMtdJHlh7zVYoUH37N-2Fx8ClZVg4ztid-2BAJ= Jaz6oyZgPp8mYlDJ1yqcuNEyQ20dZpmz6OOhLOgS1LgjEGmLSzHm0hUF2KxQHeoYpv6mBNrmrTM= ePdWoBpfJMPym88VXrrAQ7TIzJEB-2Bv8-2F-2FnwPEhoFiaJ94fH2-2FMEOwGONRGXRB6gvxm7= 6uKDkiiRqa4DTdr3oG6Rtzm42oKebPrpk19aXGAUzlWa6iZU6igblYy7sZ0h7-2BVdCyOc89vsG= GzLtLm0urb-2FArHvHQt4Lkgk09aRgXdVRKGXIoH6mVWqXyOp3pP7PaFPXFBE0ThGNLcGtJNQvs= cOSXs1iAfRRX5CuH9AVAu89i8d4F9TkAw6qcwOYWe2t7O7jawmXh-2FOSKQ52XffnjypRluK35z= xGXbQ-2FKv-2B-2F45zOP6N4iQQFcoGC3bZ9hEmRlf-2B1CKTxt" style=3D"color: #1D508= 0;" test=3D"" universal=3D"true"><b>Go deeper</b></a><br> </li> <li><b>The SaaS-pocalypse has created an oppo= rtune time</b> for bargain hunting, Thoma Bravo founder Orlando Bravo said,= amid a sell-off that has wiped trillions of dollars off the value of techn= ology stocks. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWmIIEXA9W0gbQ8zzWSY0HT= -2B12F8-2BJ-2Fm3vO-2BNn0OjwTrg-3D-3Dqe1k_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJ= YL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRZlHa7YincMImqDhsThT8SU4DZpCYaTBmJbM2vGtA4= 8EXtoA5UUzvq5TyQDiQ0IeYlLmjr4g7fQQMtdJHlh7zVYoUH37N-2Fx8ClZVg4ztid-2BAJJaz6= oyZgPp8mYlDJ1yqcuNEyQ20dZpmz6OOhLOgS1LgjEGmLSzHm0hUF2KxQHeoYpv6mBNrmrTMePdW= oBpfJMPym88VXrrAQ7TIzJEB-2Bv8-2F-2FnwPEhoFiaJ94fH2-2FMENhhH4vQ97-2ByfT-2FO4= NnSG5D2MVfixrTcJDQTQNxT0LvGJL-2BTRlzplXgaJKndcg1N7IGz86smdPkEw9j-2BeOn3grD7= hjw48qwwwjB-2FHiiI2QJ8JB0vYSRsngrh8kqL2cZakFKP7Z-2BvVzTBdocaRuuAEvCFPn1lVEi= liw6kgXZOQdRBUnY4DppdSHIT5Omzm8R7GzdPvAXRErCIBySkHQU-2FQC6HVTRK15IAoBTptxrv= QktU57t1b6eii-2FFyABEYafoVni2EHo9WTkTrZtK3oAaBK-2FZ" style=3D"color: #1D508= 0;" test=3D"" universal=3D"true"><b>Catch up on his comments</b></a><br> </li> <li><b>A deal drought is driving PE executive= s toward credit and secondaries</b>=E2=80=94but returning to buyouts may be= come less straightforward over time. <a href=3D"https://url6380.news.pitchb= ook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswou= zWmIIEXA9W0gbQ8zzWSY0HT-2FnmJUp1l1pab8ENTdXSYNA-3D-3DVwxa_Pr966knuaHmaw6c7p= KvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRZlHa7YincMImqDhsThT8SU4D= ZpCYaTBmJbM2vGtA48EXtoA5UUzvq5TyQDiQ0IeYlLmjr4g7fQQMtdJHlh7zVYoUH37N-2Fx8Cl= ZVg4ztid-2BAJJaz6oyZgPp8mYlDJ1yqcuNEyQ20dZpmz6OOhLOgS1LgjEGmLSzHm0hUF2KxQHe= oYpv6mBNrmrTMePdWoBpfJMPym88VXrrAQ7TIzJEB-2Bv8-2F-2FnwPEhoFiaJ94fH2-2FMEO6x= SfTHAcgqr3mssJO6JBlx0emU4bmWYJtrR1bcicBxbPQ75kAP0a3YEo8CZ-2FejR9rHZBnuojtii= i4HZ03eTdkuKtKmFw45CjH5y8xpo5aFRx6B-2FOo5w9iSwGMRF9jpx4nItWPTgEfGywDM8rxVer= KXCQytM-2F-2FQVr8UsLSJu2D75FE53wLPVssZPnRMSQGbpKKcVoBdG0VP2YU7Pfo5Q-2BM9TTV= Ob7-2F-2BL5v52W1UZYTdaP0EU5GuowCT8EdfuaeUzWkAt2ZN0tcUGZ84-2Foyv5Oi" style= =3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Read more</b></a></li> </ul></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Quote/Unquote</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWmIIEXA9W0gbQ8zzWSY0HTXo-2Fpdkg= NxPGaRYpINbkzGQ-3D-3D0Sfc_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ= VI43kbMcVf8UYA68NVRZlHa7YincMImqDhsThT8SU4DZpCYaTBmJbM2vGtA48EXtoA5UUzvq5Ty= QDiQ0IeYlLmjr4g7fQQMtdJHlh7zVYoUH37N-2Fx8ClZVg4ztid-2BAJJaz6oyZgPp8mYlDJ1yq= cuNEyQ20dZpmz6OOhLOgS1LgjEGmLSzHm0hUF2KxQHeoYpv6mBNrmrTMePdWoBpfJMPym88VXrr= AQ7TIzJEB-2Bv8-2F-2FnwPEhoFiaJ94fH2-2FMEPAn3ACChZFQyAkdK9e6at8D69HHZ0yAYgNT= MJqNWBlyjPocnL1HWoNYxZM7ETsAmnZTA5jiXWQWLbSc5OLxmRRFvGxOdpUstkHgxfN-2Fgi3UE= sy9ILVERgSBOD15m16PfFutQxGXzXvGQmOKXY-2BkjzvzA3oSMGN-2B0zvm21rtzZZrCn6GbEAk= Qdz8UQHWt7AxCV9CmSh6ok3m3LvzYOeYHxcz4csuFFgsWpu7sL6HPbYEWp-2BAPbiHFF-2F7MjT= 40OVHmNnsdbYRIiDKE6UP7jhSFIH" universal=3D"true"> <img align=3D"center" alt= =3D"" src=3D"https://img.pitchbook.com/news/73813.jpg" style=3D"border: non= e; width: 100%; height: auto;"> </a></td> </tr> <tr> <td align=3D"right" style=3D"text-align: righ= t; font-size: 10px; line-height: 27px; padding-bottom: 8px; color: #78766F;= font-family: Roboto, Arial, sans-serif; font-weight: 300">(Gary Yeowell/Ge= tty Images)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80= =9CWe see the UK government=E2=80=99s AI fund as a drop in the ocean when i= t comes to investment needed within the domestic ecosystem. Whilst the gove= rnment=E2=80=99s backing is better than none and is likely to help earlier-= stage companies where check sizes are smaller, we believe significantly dee= per levels of capital are needed from an institutional level to ensure that= UK startups can compete not just on a European level, but on a global play= ing field.=E2=80=9D<br><br> =E2=80=94Navina Rajan, PitchBook senior anal= yst, discussing the UK's new sovereign AI fund targeting investments in dom= estic startups. Read more about the UK's <a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzWmIIEXA9W0gbQ8zzWSY0HTXo-2FpdkgNxPGaRYpINbkzGQ-3D-3DrxXq_Pr966knuaHmaw= 6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRZlHa7YincMImqDhsThT8= SU4DZpCYaTBmJbM2vGtA48EXtoA5UUzvq5TyQDiQ0IeYlLmjr4g7fQQMtdJHlh7zVYoUH37N-2F= x8ClZVg4ztid-2BAJJaz6oyZgPp8mYlDJ1yqcuNEyQ20dZpmz6OOhLOgS1LgjEGmLSzHm0hUF2K= xQHeoYpv6mBNrmrTMePdWoBpfJMPym88VXrrAQ7TIzJEB-2Bv8-2F-2FnwPEhoFiaJ94fH2-2FM= EMnLoVqFBDlhVkdAXLl1HHv7Oq53i-2BUkOyCkc0IQ7Xr05z3J7GFTNka2GYFu-2BMT65XhHOR5= OBxvIoCn02NYd-2FjbCS-2BeAMtXsMIcj-2Ffn7FaDLFacejyVQqNpKmDCluUqNw-2BABpWm-2B= hbFJgCZSplJSwrOv1fLFP8qA3B9J00vIHk-2FE0MJEcbPHdc40Vp5hsQr0CUHJhE-2FH-2FaZeQ= 98A5rzYa1ub410SUFybzSbfqRaJgmrj72tjWA-2BkVOZ-2FYaystr-2BDgvAKABW8V5c5goOou7= 3q52r" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>quest for = homegrown AI technology</b></a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Trivia</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Answer= : D<br><br> Excluding the top five exits of Q1, exit val= ue fell by 86.6% for the quarter, demonstrating extreme concentration in th= e VC market to start off the year. Read the <a href=3D"https://url6380.news= .pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONn= vsnswouzWmIIEXA9W0gbQ8zzWSY0HTtp4xeIccQun-2BSUfQKyR7Aw-3D-3DLZks_Pr966knuaH= maw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRZlHa7YincMImqDhsT= hT8SU4DZpCYaTBmJbM2vGtA48EXtoA5UUzvq5TyQDiQ0IeYlLmjr4g7fQQMtdJHlh7zVYoUH37N= -2Fx8ClZVg4ztid-2BAJJaz6oyZgPp8mYlDJ1yqcuNEyQ20dZpmz6OOhLOgS1LgjEGmLSzHm0hU= F2KxQHeoYpv6mBNrmrTMePdWoBpfJMPym88VXrrAQ7TIzJEB-2Bv8-2F-2FnwPEhoFiaJ94fH2-= 2FMENoELKyXduAE-2Bw8HLQO35-2BRVg6ITuHRTShxjYwFML8s1VKgBU-2F-2FC3RvFU-2FrRvS= jZ-2Fph8N23ccG2TkEZFhuLq92xumSMWSowOxIYbCJZG8lslFeIIqECutYgv8AXA-2Beav3D6lL= j99xyUhHAvZ6tRcnmUBRe7uhCEzTZ3Hhc8YuaATD-2FnMBPgVdJQo05YwhCbXQqyHAgBUp14DkX= 4jNCROwe4qiM8NU2KAhELvNIb6o91sFN439EmEDlBn2gGdExlMCJRYzUkan1iaFG5-2FfDf8cBm= " style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Q1 2026 PitchBo= ok-NVCA Venture Monitor</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Sign up for our newsletter</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">This e= dition of The Weekend Pitch was written by Michael Bodley and Nadine Manske= . 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