PitchBook: 15.9% of VC-backed deals in 2025 so far have been down rounds, a 10-year high, with AI and ML startups accounting for 29.3% of the down rounds
Chime executives, along with family, celebrating the company's IPO at the Nasdaq. — The soaring valuations of the early 2020s are, finally, coming back to earth. Bluesky: @hsliwinski . X: @koolhead1...
Some VCs, such as Khosla Ventures, are considering acquiring mature businesses, like call center operators, and optimizing them with AI to serve more customers
Now they invert the game, they will buy a mature healthy company and will sell off all workers, by flipping them to AI - to then enshitify the service (as a consequence). … Dare Obasanjo / @carnage4li...
PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were “underwater”
Mary Ann Azevedo / TechCrunch : X: @bayareawriter and @koolhead17 X: Mary Ann Azevedo / @bayareawriter : PartnerOne's CFO told @TechCrunch that HeadSpin was a victim of its former CEO's actions and t...