NEW YORK VC DISCOVERS GEOGRAPHY SOLVES RISK, CLOSES $450M FUNDOPENAI BUYS PHARMA AI SHOP, DECLARES SELF A DRUG COMPANYSILICON VALLEY DISCOVERS ELECTRICITY REQUIRES PLANNINGTENSTORRENT REMAINS INDEPENDENT, VALUATION SKYROCKETS INTO STRATOSPHERETOWN HITS $1B VALUATION FOUR MONTHS AFTER LAUNCH, FACTS OPTIONALANTHROPIC FINALLY PROVES AI MAKES MONEY (WALL STREET EXHALES)ANTHROPIC TO GUARD POWER GRIDS WITH AI NOBODY FULLY UNDERSTANDSBENCHMARK ADMITS RIVAL-BACKING PACT IS DEAD, BLAMES AINEW YORK VC DISCOVERS GEOGRAPHY SOLVES RISK, CLOSES $450M FUNDOPENAI BUYS PHARMA AI SHOP, DECLARES SELF A DRUG COMPANYSILICON VALLEY DISCOVERS ELECTRICITY REQUIRES PLANNINGTENSTORRENT REMAINS INDEPENDENT, VALUATION SKYROCKETS INTO STRATOSPHERETOWN HITS $1B VALUATION FOUR MONTHS AFTER LAUNCH, FACTS OPTIONALANTHROPIC FINALLY PROVES AI MAKES MONEY (WALL STREET EXHALES)ANTHROPIC TO GUARD POWER GRIDS WITH AI NOBODY FULLY UNDERSTANDSBENCHMARK ADMITS RIVAL-BACKING PACT IS DEAD, BLAMES AI
Est. when term sheets
outnumbered good ideas
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VCs Beg Anthropic for Privilege of Losing Money at $800B

The market's most desperate suitors keep getting rejected, and somehow this is being treated as good news.

💀💀💀💀  4/5 — Frothy and Delusional
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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.

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