A16Z BETS $350M THAT ENTERPRISE AI NEEDS NO CUSTOMERS YETGOOGLE ALUMS LAUNCH $11.3M FUND TO BACK 'PROFITABLE' AI (FINALLY)OPENAI'S SECURITY THEATER GETS STARRING ROLE IN FEDERAL COURTSPOTIFY FOUNDER BETS $700M THAT YOU'LL PAY TO KNOW YOUR INSIDESVC ADVISER'S NEW JOB PROVES FOUNDER'S WORST FEAR: COMPETENCEACCOUNTING STAFFING FIRM RAISES $4M TO SOLVE PROBLEM IT CREATESAI SAFETY THEATER: THOUSANDS OF INCIDENTS, ZERO TRANSPARENCYMARISSA MAYER'S DAZZLE: MINING GOLD FROM YOUR LUNCH PHOTOSA16Z BETS $350M THAT ENTERPRISE AI NEEDS NO CUSTOMERS YETGOOGLE ALUMS LAUNCH $11.3M FUND TO BACK 'PROFITABLE' AI (FINALLY)OPENAI'S SECURITY THEATER GETS STARRING ROLE IN FEDERAL COURTSPOTIFY FOUNDER BETS $700M THAT YOU'LL PAY TO KNOW YOUR INSIDESVC ADVISER'S NEW JOB PROVES FOUNDER'S WORST FEAR: COMPETENCEACCOUNTING STAFFING FIRM RAISES $4M TO SOLVE PROBLEM IT CREATESAI SAFETY THEATER: THOUSANDS OF INCIDENTS, ZERO TRANSPARENCYMARISSA MAYER'S DAZZLE: MINING GOLD FROM YOUR LUNCH PHOTOS
Est. when term sheets
outnumbered good ideas
www.dumbcapital.com
North American VC & M&A News — Unfiltered, Unimpressed, Unprofitable
North America Edition
Tuesday, October 6, 2026
Free (Like Your Equity)

Opinion

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

Opinion

Study Demolishes Tech's Favorite Labor Arbitrage Myth

Immigration crackdowns don't create jobs for U.S. workers—they just make founders angrier at policy.

💀💀💀💀  4/5 — Ideology Meets Economics
Read full article →
Opinion

AI Startups Announce Exciting 12-Month Expiration Dates

Founders celebrate business models with built-in obsolescence, joking nervously about foundation models eating their lunch.

💀💀💀💀  4/5 — Scheduled Obsolescence
Read full article →
VC

AI Startups: Built for Obsolescence, Funded Anyway

Founders have admitted their entire business model expires the moment a large language model learns to do their job.

💀💀💀💀  4/5 — Preemptively Disrupted
Read full article →
Opinion

Big Tech Doubles Down on Life-or-Death Decisions, Ignores Warnings

Nvidia, Microsoft, and Amazon are expanding classified military AI systems despite multiple groups flagging the existential risks of automating lethal judgment calls.

💀💀💀💀  4/5 — Liability? Never Heard Of Her
Read full article →
Opinion

Musk: AI Safety Crusader (When Suing Former Friends)

The man who wanted to move fast and break things now claims he's civilization's AI conscience.

💀💀💀💀  4/5 — Caftan Energy
Read full article →
M&A

SPAC Begs Shareholders Not to Leave Before Merger

GigCapital7 needs $19.3M in 'non-redemption agreements' to keep the lights on through Hadron Energy closing.

💀💀💀💀  4/5 — Redemption Panic Theater
Read full article →
VC

BMW Throws $300M at 'Agentic AI' Because Dieselgate Taught Them Nothing

Legacy automaker bets quarterly fund on buzzwords while its track record suggests it couldn't successfully acquire a successful software company if one volunteered.

💀💀💀💀  4/5 — Legacy Meets Hype
Read full article →
VC

Ballmer Discovers Due Diligence Exists, Writes Strongly Worded Letter

Microsoft's former CEO admits to being 'duped' by fraudster founder, proving that billions in capital and decades in tech offer no immunity to basic gullibility.

💀💀💀💀  4/5 — Duped and Silly
Read full article →
Opinion

Cyber Command Vows to Buy AI From Anyone, Security Be Damned

Pentagon's chief AI officer commits to 'country-agnostic' black boxes, proving that national security strategy is just procurement with a flag pin.

💀💀💀💀  4/5 — Strategically Indifferent
Read full article →
Opinion

Dimon Warns Credit Downturn Coming; Banks Price Assets Like It Won't

JPMorgan's CEO issues apocalyptic forecast while his balance sheet whispers: 'Everything is fine.'

💀💀💀💀  4/5 — Know It, Deny It
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