Must read Crunchbase interview with ex-Meta CTO and now VC, Mike Schroepfer (link in comment):

"We are backing companies that are rebuilding the physical economy. This is how things are powered, built, moved, manufactured and how people are fed." "we think the future is atoms, not bits" I agree with him. Bits are important but atoms are equally important. The future is bits and atoms made to play together. That is where a lot of innovation is coming. Zoho is investing in R&D driven manufact — via @svembu

Ex-Meta CTO’s focus on atoms over bits signals major macro shift in VC.