AI startups are either fundraising rocketships or left for dead, says VC Matt Turck

ctjlewis · x · 2026-08-14

VC Matt Turck observes that AI startups today are either AI-native rocketships, constantly fundraising at ever-higher valuations to hoover up capital and talent, and in a death match with competitors for customers, sacrificing gross margins; or they are left for dead regardless of how good the company is. This has been the case for a while but feels escalated.

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