Asked if AI is a bubble, Sequoia's Pat Grady laughs: "Absolutely. I don't think that's a…
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Asked if AI is a bubble, Sequoia's Pat Grady laughs: "Absolutely. I don't think that's a debate." AI now takes about 80% of all VC money. Will these companies ever exit? Grady, co-steward of Sequoia: 1. Ten years ago people said you couldn't lose money in SaaS 2. A lot of people have since lost money in SaaS 3. In every upswing everyone thinks they can't lose 4. Most funded ideas won't work, and there will be losses 5. Without that risk capital, there's no progress either The firm that called the bubble is still raising $10B to invest in it. Full breakdown here: https://www.theaiopportuni
Posted by Guillermo Flor (14k followers) 22 h ago · 0 likes · 244 views · view the original post on X. Kept by the AI Radar as AI business. Tools mentioned: theaiopportunities.com.
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