Top-tier VC firm caught selling the same stock at different prices—a practice that would get founders banned from pitch meetings.
Read full article →The president pitches Uncle Sam as a limited partner in AI, proving even dealmakers eventually reinvent the wheel.
Read full article →The discipline-obsessed VC firm finally abandons its quaint $425M fund cap, proving even legends succumb to FOMO when everyone else is raising billions.
Read full article →The largest IPO ever will be underwritten by a company that has yet to prove it can consistently turn a profit on anything except government contracts.
Read full article →Top VCs admit that being a teenager in San Francisco with an AI pitch is literally a funding qualification.
Read full article →AI lab files to go public the moment Fortune 500s realize they're hemorrhaging millions monthly on technology that doesn't actually make money.
Read full article →A $965 billion valuation on $65 billion in fresh capital proves that in 2026, mathematical relationships are merely suggestions.
Read full article →A database company with $250M in annualized revenue seeks IPO, proving that profitability remains the rarest venture outcome.
Read full article →Same investors, same company, wildly different price—a masterclass in financial theater.
Read full article →Same investors, same company, wildly different price—a masterclass in financial theater.
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.