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• jsheard 1y ago
  https://www.theinformation.com/articles/dry-powder-running-spvs-may-lifeline https://www.theinformation.com/articles/dry-powder-running-s... Summarized by Ed Zitron: The Information recently published some worrying data from venture capitalist Jon Sakoda — that “at today’s clip, the industry would run out of money in six quarters,” adding that the money wouldn’t run out until the end of 2028 if it wasn’t for Anthropic and OpenAI.