4 ms·
Are investors blindly funding any company which has AI or just the term AI in'em
is this the same situation like the dot com boom where investors were pouring tons of money just because it being a internet company. also i wasn't born until 4 years after the dot com bubble so could consider to explain how it really was and if you were a part of it or right now if you are a part of any ai company
- joyboyluffy 2y agoand also do you feel the ai hype is real?
- beardyw 2y agoWhat is real hype?
- uLogMicheal 2y agoInvestors only blindly fund friends and family. Everyone else needs revenue that changes by the VC.
- mrbishalsaha 2y agoVC mindset- 1. Raise a lot of money from LPs (Rich People or Institutions). 2. Get ~3% out of the fund for operations and then for every successful exit. 3. Fund startups/industries that others are investing into to create a cycle. Now what happens when all the startups are doing bad? Can't deploy capital? You can't return the cash to LPs saying "OOPs didn't find best startups to fund" Instead you go, "See everyone is investing in AI, so we are also doing it!", LPs happy to be part of a trend and thinks themselves smart while you raise more for your fund. :)
- xenospn 2y agoThe key is to raise multiple funds so you get the 3-5% from each one :)
- JSDevOps 2y agoYep! They are shoving AI into everything.