Ross Fubini has quietly stepped down as a venture partner with Canaan Partners, in order to launch a new shop called XYZ Ventures (no, that isn't a placeholder name). He recently filed an SEC doc that suggests a top goal of $70 million, but word is that he's really targeting $50 million for a fund that will focus on "big seed" and Series A rounds for fintech and enterprise tech startups.

Prior to joining Canaan in 2012, Fubini was a partner with Kapor Capital. Before that he co-founded Cubetree, which was bought by SuccessFactors. He's also been a longtime advisor to Palantir. No comment from Fubini, natch.

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Mike Allen, author of AM
46 mins ago - Politics & Policy

Trump-Biden venom on display during final debate

Photos: Brendan Smialowski/AFP via Getty Images; Jim Watson/AFP via Getty Images

Joe Biden twice referred to President Trump as "this guy," and Trump called the former vice president's family "like a vacuum cleaner" for foreign money.

Why it matters: The personal venom — during Thursday's final presidential debate, in Nashville — was a reminder that even during a more normal debate, nothing this year is normal.

Dave Lawler, author of World
2 hours ago - World

Special report: Trump's hopes of nuclear deal with Putin come down to the wire

Illustration: Lazaro Gamio/Axios

A surprise offer from Vladimir Putin has the U.S. and Russia once again circling a potential pre-election nuclear deal.

The big picture: The last treaty constraining the U.S. and Russia, New START, is due to expire on Feb. 5, 2021, two weeks after the next U.S. presidential inauguration. For the first time since the height of the Cold War, the nuclear guardrails could come off.

The cliffhanger could be ... Georgia

Illustration: Sarah Grillo/Axios

It hasn't backed a Democrat for president since 1992, but Georgia's changing demographics may prove pivotal this year — not only to Trump v. Biden, but also to whether Democrats take control of the Senate.

Why it matters: If the fate of the Senate did hinge on Georgia, it might be January before we know the outcome. Meanwhile, voters' understanding of this power in the final days of the election could juice turnout enough to impact presidential results.