4 ms·
They raised in Jan 2022 before the AI boom so it's not due to that but rather to the pre-2022 VC culture driven by low interest rates.
by marcinzm 3y ago
They raised in Jan 2022 before the AI boom so it's not due to that but rather to the pre-2022 VC culture driven by low interest rates.
- gumballindie 3y agoThe media ai boom started in 2023 but i know people have been obsessed with ai investments for a number years before 2022. All of them flopped afaik.
- marcinzm 3y agoPre-2022 everyone was getting tons of money for everything.
- gumballindie 3y agoAbsolutely, and now the losses are being cut, particularly around grift centric niches such as ai and crypto currencies.