AGE IS NOW A BUSINESS MODEL, APPARENTLYANTHROPIC IPOS INTO THE VOID AS CUSTOMERS DISCOVER BUYER'S REMORSEGOOGLE ADMITS IT HAS NO IDEA WHAT AI IS WORTHGROQ PIVOTS AWAY FROM HARDWARE IT NEVER SOLDNVIDIA DISCOVERS PCS EXIST, PANICS INTO NEW MARKETANTHROPIC BECOMES WORTH MORE THAN TOYOTA, ZERO REVENUE DISCLOSEDBOX CEO DIAGNOSES INDUSTRY'S AI DELUSION, IRONICALLYCLICKHOUSE INNOVATES BY DOING THE INSANE: ACTUALLY MAKING MONEYAGE IS NOW A BUSINESS MODEL, APPARENTLYANTHROPIC IPOS INTO THE VOID AS CUSTOMERS DISCOVER BUYER'S REMORSEGOOGLE ADMITS IT HAS NO IDEA WHAT AI IS WORTHGROQ PIVOTS AWAY FROM HARDWARE IT NEVER SOLDNVIDIA DISCOVERS PCS EXIST, PANICS INTO NEW MARKETANTHROPIC BECOMES WORTH MORE THAN TOYOTA, ZERO REVENUE DISCLOSEDBOX CEO DIAGNOSES INDUSTRY'S AI DELUSION, IRONICALLYCLICKHOUSE INNOVATES BY DOING THE INSANE: ACTUALLY MAKING MONEY
Est. when term sheets
outnumbered good ideas
www.dumbcapital.com
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North America Edition
Wednesday, June 3, 2026
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Opinion

Commentary, analysis, and hot takes on the VC and M&A world. Someone has to say it.

Opinion

Canada Celebrates Discovery That Computers Can Do Things

Financial Post hails 'innovative' digital tools for wealth management as if the internet was invented last Tuesday.

💀💀💀💀  4/5 — Late to the Obvious
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Opinion

Trump Reclassifies Weed, VCs Smell Series A

Regulatory arbitrage masquerading as drug policy is now official U.S. government strategy.

💀💀💀💀  4/5 — Regulatory Arbitrage Theater
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Opinion

Trump Discovers 1920 Law Makes Better Oil Policy Than Diplomacy

Suspending a century-old maritime regulation to manage geopolitical crises is what happens when tariff tweaks become national security strategy.

💀💀💀💀  4/5 — Regulatory Duct Tape
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VC

VCs Beg Anthropic for Privilege of Losing Money at $800B

The market's most desperate suitors keep getting rejected, and somehow this is being treated as good news.

💀💀💀💀  4/5 — Frothy and Delusional
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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.

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