NEA's Tiffany Luck discovers that moving fast and breaking things extends to balance sheets.
Read full article →A venture capitalist with billions riding on AI companies announces that actual winners won't be selling AI—presumably to someone else.
Read full article →Investors have discovered that PowerPoint decks and founder pedigree are now interchangeable with actual business models.
Read full article →The market has officially decided that government dependency and Elon Musk's Twitter habits are no longer deal-breakers.
Read full article →PwC estimates medical costs rising 9% as investors continue funding efficiency theater.
Read full article →Largest U.S. IPO ever is merely appetizer before Anthropic and OpenAI normalize trillion-dollar valuations for software.
Read full article →Justin Ernest bypasses fund-raising by deploying half a billion dollars from a 'captive network,' proving venture capital is networking with better lighting.
Read full article →The venture capital industry has now experienced an entire emotional arc without anyone proving AI actually makes money.
Read full article →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 →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.