Nothing says 'I'm not lobbying against my competitors' quite like insisting you never did, unprompted.
Read full article →A tunneling startup with zero revenue just proved that 'visionary CEO' is a valuation multiple.
Read full article →The United Nations has discovered that aspirational renewable energy targets and actual electricity demand exist in separate universes.
Read full article →A 25-year veteran marvels at revenue math that would make a SaaS founder weep with envy—or confusion.
Read full article →The administration has discovered that intellectual property protection works best when applied selectively to enemies.
Read full article →Valar Atomics proves that in venture capital, fission is just another word for financial structure.
Read full article →Nothing says 'ready for prime time' like pre-emptively lowering expectations for your own product.
Read full article →Miles Wang hasn't founded anything yet, but investors are already pricing his future regrets.
Read full article →Fora's $1B valuation on a $60M Series D suggests someone confused a travel itinerary with a cap table.
Read full article →The company that built its empire on recruiting talent from IBM, Microsoft, and Google suddenly discovers employee mobility is bad when it flows the other direction.
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.