VC recalls Bird's $300M party round of 2018 as a warning for AI funding
NYCounihan · x · 2026-09-05
The author recounts how Uber's success made VCs obsess over mobility in 2018, when Bird raised a $300M party round from Sequoia, Accel, CRV, Craft, Index and Upfront — one investor called it "the most obvious investment of his career." He suggests viewing Instinct and Town's current rounds through a similar skeptical lens.
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