A billion-dollar AI company discovered Friday night that shipping products requires permission slips from people who don't use them.
Read full article →When U.S. national security policy forces a venture-backed AI company to eliminate its entire customer base rather than comply with export controls.
Read full article →A stock with fewer shares than a mid-cap biotech somehow validates trillion-dollar valuations.
Read full article →When a CEO's immunity from consequences becomes a venture asset class, the market has officially broken.
Read full article →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 →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.