Silicon Valley investors say annual recurring revenue, a popular metric with AI startups, cannot be trusted because it has no SEC definition and can be massaged
The co-founder of Cluely — an Andreessen Horowitz-backed startup with the motto, “Cheat on everything” — ignited a controversy earlier …
'Taking liberties with ARR is common for artificial intelligence startups, Silicon Valley investors say. Even as it's become ubiquitous in the AI era — it's also become one of the least trusted yardsticks for gauging a startup's growth.' www.bloomberg.com/news/article...