Three prestigious VCs' former partners launch second fund despite first fund producing no visible exits or returns.
Read full article →Sound Ventures' concentrated bet strategy gives way to the graveyard of failed energy and infrastructure plays.
Read full article →When a $80 billion company needs a political co-signer, the pitch deck writes itself.
Read full article →The central bank of central banks warns that AI buildout mirrors historical busts. Silicon Valley responds by building faster.
Read full article →Patronus AI secures funding based on 'nearly insatiable demand' — a phrase that means exactly nothing and somehow cost $50 million to discover.
Read full article →Frontier labs promise AI agents will delegate tasks to humans any day now.
Read full article →One successful portfolio company is now indistinguishable from a strategy.
Read full article →Two AI investors known for moving fast offer wisdom on moving fast, a genre of advice that has never once prevented anything.
Read full article →Established mega-fund raises $2.5B by simply deciding what it was raising all along.
Read full article →A panel of capital allocators questions valuations they themselves are responsible for inflating.
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.