NVIDIA'S $3 TRILLION BET ON ONE GUY WITH NO BACKUP PLANNVIDIA'S INDISPENSABLE MAN GETS DISPENSED BY BOARDNVIDIA'S JENSEN HUANG: ESPIONAGE ROMANCE, GOVERNANCE THEATERNVIDIA'S NATIONAL SECURITY PROBLEM NEEDS BETTER PRSECRET SERVICE AGENT RAISES $250M AFTER CLEARING NAME IN HACKER ARRESTAI INDUSTRY DISCOVERS VOTERS HATE DATA CENTERS, PIVOTS TO SEMANTICSELON'S ELECTION SPENDING: MOVE FAST, BREAK DEMOCRACYSECRET SERVICE VET RAISES $250M ON VIBES AND ONE HACKER FLIPNVIDIA'S $3 TRILLION BET ON ONE GUY WITH NO BACKUP PLANNVIDIA'S INDISPENSABLE MAN GETS DISPENSED BY BOARDNVIDIA'S JENSEN HUANG: ESPIONAGE ROMANCE, GOVERNANCE THEATERNVIDIA'S NATIONAL SECURITY PROBLEM NEEDS BETTER PRSECRET SERVICE AGENT RAISES $250M AFTER CLEARING NAME IN HACKER ARRESTAI INDUSTRY DISCOVERS VOTERS HATE DATA CENTERS, PIVOTS TO SEMANTICSELON'S ELECTION SPENDING: MOVE FAST, BREAK DEMOCRACYSECRET SERVICE VET RAISES $250M ON VIBES AND ONE HACKER FLIP
Est. when term sheets
outnumbered good ideas
www.dumbcapital.com
North American VC & M&A News — Unfiltered, Unimpressed, Unprofitable
North America Edition
Wednesday, November 11, 2026
Free (Like Your Equity)

M&A Morgue

Mergers, acquisitions, and the synergies nobody can define. Deals that made sense in the boardroom.

VC

Will.i.am-Backed Edtech Raises $4.5M to Monetize Vibes

When a celebrity investor and two venture firms collectively decide that 'vibe coding' is a defensible market category.

💀💀💀💀  4/5 — Vibes Over Fundamentals
Read full article →
Unicorn

OpenAI Researcher Launches $2B Drug Company Via PowerPoint

Miles Wang hasn't founded anything yet, but investors are already pricing his future regrets.

💀💀💀💀  4/5 — Frontier Fantasy Valuation
Read full article →
VC

Fizz Sues VC Over Leak While Still Asking for Money

Nothing says 'trust us with your capital' like alleging your supposed partners are corporate spies.

💀💀💀💀  4/5 — Litigiously Optimistic
Read full article →
Unicorn

Mercor Doubles Valuation to $20B in Six Months, Details TBA

A company whose business model remains a mystery has mysteriously become twice as valuable.

💀💀💀💀  4/5 — Euphoria Pricing
Read full article →
M&A

Musk Rebrands Cursor Acquisition as 'Product Innovation'

SpaceXAI's Grok 4.5 launch is really just Cursor with a new logo and a press release.

💀💀💀💀  4/5 — Acquisition Theater
Read full article →
M&A

Billion-Person Company No One's Heard Of Now Trades Publicly

Bending Spoons owns AOL and Vimeo but remains a mystery—the M&A equivalent of a sound without a listener.

💀💀💀💀  4/5 — Invisibly Acquisitive
Read full article →
M&A

Bending Spoons Founder: Success Is Skill, Not Luck

Man who built $18B company by buying zombie apps explains how he eliminated chance from a strategy entirely dependent on it.

💀💀💀💀  4/5 — Strategically Lucky
Read full article →
M&A

Italian PE Firm Flips Dead Internet Brands, Market Celebrates

Bending Spoons' 40% IPO pop proves investors will cheer anything if you call it 'operational excellence.'

💀💀💀💀  4/5 — Necromancy as Strategy
Read full article →
M&A

Air Products Abandons Hydrogen Dream in Louisiana Swamp

Multibillion-dollar clean energy complex joins the graveyard of decarbonization theater.

💀💀💀💀  4/5 — Criminally Optimistic
Read full article →
M&A

Trump Asks OpenAI to Voluntarily Censor Itself, OpenAI Complies

When a startup trades its entire business model for a phone call from the administration.

💀💀💀💀  4/5 — Regulatory Theatre Gold
Read full article →
D

About DumbCapital

DumbCapital covers venture capital and M&A in North America with the skepticism these markets have long deserved and rarely received. We are not impressed by large numbers. We are not moved by press releases. All articles are satirical commentary based on real, publicly reported deals. Nothing here is financial advice.

About Us  ·  Contact  ·  Privacy Policy