Welcome to the Tech Mem Ride Home for Friday, June 1st, 2018. Today, the end of an era in Venture Capital.

The end of Facebook's trending news feature,

some new arm chips, what to expect from WDC next week,

and the weekend long read suggestions. Here's what you missed today in the world of tech.

Sort of an end of an era story from the world of venture capital.

S. V. Angel, the Storied Seed Stage Investment Fund, run by Ron Conway and his son Tofer,

will no longer be raising money from outside investors for new funds.

Instead, the Conways will invest their personal money going forward, continue to manage their

existing funds, and limit their future investments

to only $25,000 to $100,000 per company.

Ron Conway is legendary in the valley for being a pioneer of modern seed stage investing.

He made early investments in the likes of Facebook, Twitter, Airbnb, Pinterest, and he's been called

the godfather of Silicon Valley.

Many wags are blaming Conway's decision to exit the seed stage game,

at least on the professional level,

on the ballooning size of seed stage investment rounds.

Business Insider notes that just last week,

women's health startup Modern Fertility raised a $6 million seed round.

A level of seed money that was basically unheard of even 10 years ago.

Though it should be noted that S.V. Angel participated in that modern fertility investment.

When S.V. Angel launched in 2009,

there were only a handful of firms

...