Round names are broken: AI startups raise $100m+ with no product
dunkhippo33 · x · 2026-10-12
Part 4 of the thread: you can't rely on round names to gauge risk. Today some AI companies raise $100m+ while still pre-product, whereas in the 1990s plenty of Series A companies already had real revenue.
Related event: VC dunkhippo33 advises angel portfolios of 50 to 100 companies(9 posts)→
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