Friends,In last month’s newsletter, we explored two forces reshaping venture capital’s risk-reward calculus: the overwhelming dominance of artificial intelligence (AI) in venture capital (VC) deal flow — now commanding over 63% of invested dollars — and the long-awaited resurgence of the initial public offering (IPO) market, which delivered a dramatic spike in liquidity and exit value for venture

When we first covered Ex parte Desjardins, we noted that the decision, which was issued just days after Director John Squires took office, could mark the beginning of a new era for AI and software patent eligibility at the USPTO. That prediction now appears well-founded. On November 4, 2025, Director Squires designated the Desjardins decision as precedential, ensuring that its reasoning now binds all patent examiners and the Patent Trial and Appeal Board (PTAB).

Editor’s Note: Deployment decisions in eDiscovery are no longer just technical preferences—they are strategic imperatives. In a market captivated by cloud-first mandates and AI-driven capabilities, this article cuts through the noise to address a critical, often overlooked need: deployment flexibility. For cybersecurity, information governance, and eDiscovery professionals operating in highly regulated environments, this is not