The venture capital industry has now experienced an entire emotional arc without anyone proving AI actually makes money.
Read full article →When aerospace talent meets public market desperation, buzzwords become business plans.
Read full article →Alphabet raises $80 billion because historical cash flow and actual revenue no longer matter when the future is imaginary.
Read full article →Aaron Levie coins 'AI psychosis' to describe C-suite behavior he is presumably exempt from.
Read full article →After three decades of fiscal stimulus cosplay, lenders remember that money isn't actually free.
Read full article →A $3B valuation for physical logistics, the one thing Amazon actually invented.
Read full article →America's last unprofitable form of community organizing finally meets its venture-backed replacement.
Read full article →When you're out of GPU inventory and out of patience, apparently SpaceX's asking price suddenly seems reasonable.
Read full article →The $60B AI chip IPO that almost died is Silicon Valley's ultimate vindication of the 'bleed until belief' investment thesis.
Read full article →A company that hasn't gone public yet is already reshaping finance through the sheer force of existing.
Read full article →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.