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Humane has raised $230 million dollars in funding. It was obvious from their rushed launch and last minute pivot to "AI" that this was a desperate attempt to ca
by paxys 3y ago
Humane has raised $230 million dollars in funding. It was obvious from their rushed launch and last minute pivot to "AI" that this was a desperate attempt to cash out. A product operating in a niche category with a small but dedicated userbase is useless for a VC who is looking to 10x their initial investment. They'd much rather risk it all for explosive growth.