Financial analyst turned journalist. Covering VC/startups at @TechCrunch. Previously @PitchBook, @VCjournal. email for Signal: marina.temkin@techcrunch.com.

San Francisco, CA
Some personal news. I am beyond thrilled to announce that today is my first day as a venture capital and startup reporter at @TechCrunch . I can’t believe I’ll be working alongside some of the best reporters and editors on the beat.
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Replying to @ChristineMHall
You'll be missed.
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I’d like to thank PitchBook’s entire news team, especially my editors @jamescthorne and @alecdavis, for the wonderful three years where I got to write about VC for the world’s most definitive private markets data platform.
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Scoop: LangChain is raising fresh capital at about $1B valuation from IVP. A rich price for a startup whose revenues are ARR is $12M - $16M, according to sources. techcrunch.com/2025/07/08/la…
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Would be great to see more VCs share their returns, whether next to USVs or just on their own.
In the spirit of VC transparency, someone asked me for the @BoostVC returns. We put them next to @usv numbers, which can help with context. AMA
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My last month's deal scoop about Thrive leading Cursor's $100M Series B round confirmed. techcrunch.com/2024/12/19/in…
Thrilled to announce that @a16z is co-leading the Series B of @cursor_ai. We couldn't be more excited to continuing working with the Cursor team as they take the world of coding by storm.
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When a host of my favorite podcast tweets my article.
SaaS valuations have fallen from about 100x ARR to 15x ARR. That means you need to grow 7x to get a flat round. pitchbook.com/news/articles/…
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Have to agree that San Mateo is about as convenient as it gets in the SF Bay Area. It may not be as glorious as NYC, but happy to be living here.
Came to the realization that work-from-home isn't compelling to me personally, as the magic of working together in an office Selling the office in SF & starting a search for space in San Mateo to go to every day [ current remote workers will be grandfathered, of course! ]
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Replying to @alex
You just have to accept that it will be like this for a while.
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I agree with this. A good number of women LPs out there. I know at least one prominent endowment that's at least more than 50% female.
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Lucky for me and my family, we all left Minsk before Europe’s last dictator took control. By now, I hardly have any physical ties to Belarus, but still it’s hard to stay indifferent to the situation there. My uncle made this cool palindrome image about it.
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Scoop about the Kalshi - Polymarket cut-throat competition. "The podcast segment discussing Kalshi’s response to the raid and the rivalry with Polymarket was deleted shortly after it initially aired. TechCrunch, however, has obtained and listened to the deleted portion."
Kalshi’s CEO, Tarek Mansour, confirmed on a podcast interview that his employees did ask social media influencers to promote memes about the FBI’s raid on the home of his arch rival, the CEO of Polymarket tcrn.ch/3Zt5AP2
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Replying to @DelRayMan
What a talented couple you two are. Congratulations!
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Congrats! Glad to see my old stomping ground evolve. Now with you and @jamescthorne at the helm, it will be an amazing news source.
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Replying to @JamesUlan100
Best age for traveling.
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Replying to @JamesUlan100
Bc they are just generally calmer and still can't crawl away. I think 4 months is the best age for traveling. Take advantage.
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Replying to @alex
How I feel. every. single. day!
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Replying to @JoshConstine
Thanks for flagging that, Josh. We will issue a correction.
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I feel that you have to be very much entrenched in asset allocation world to get that one. But that’s just my take.
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Replying to @jjfitzgeraldMD
I feel the same way about migraines.
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Replying to @Katie_Roof
On the same page.
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Replying to @Katie_Roof
Congratulations, Katie!
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Replying to @nmasc_
Beautiful! Congratulations!
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Replying to @JamesUlan100
Congratulations!!! He is adorable!
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Replying to @nmasc_
Congrats, Natasha! So well deserved.
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My story about M&A trends
Exclusive VCJ subs: VCJ Alert: Acquisition deal sizes grew in 2018 dlvr.it/QyLqJp via @vcjournal
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One of your LPs, whom I interviewed on Wednesday, told me they couldn't agree more with your comment. Unfortunately, @PitchBook decided not to cover Israel's tech / VC ecosystem in light of current events, a decision I personally don't agree with.
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I interviewed Scott Tobin of Battery Ventures and Alex Furman, founder of Invitae (NYSE:NVTA), about the power of immigrant entrepreneurs. pehub.com/vc-journal/battery…
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Today's massive $SNOW IPO should in theory bring up property prices in San Mateo. I am all for it, as long as some $$ flows to our assigned schools.
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Replying to @alex
absolutely!
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Replying to @refsrc
You'll be missed. Thank you for all the advice and insights.
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inching towards journalism. #Mtermkin begins to tweet,
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Replying to @ZeffMax
You'll be missed!!!😭
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I reported that Anchor was $175mm including adjustments (plus or minus 10%).pehub.com/vc-journal/spotify…
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My breaking news story about Spotify's acquisition of Anchor pehub.com/vc-journal/spotify…
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Replying to @rebecca_szkutak
I think I was pitched the same story under an embargo. Odd!
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Thank you, Josh. Would love to chat anytime.
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Replying to @Rob_McCracken
$175 mil includes retention and other adjustments (working capital, etc). Those could easily be 10%. Also, we don't know if the $200 mil reported for Gimlet is spot on , right? That number probably also has all sorts of adjustments.
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1/2 The flag on the right is the historical flag of independent Belarus (before the Soviet Union, and in 1991-1995), the flag on the left is the flag of the Soviet Byelorussia, restored by Lukashenko after he came to power.
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