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Dave Rahardja /
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2024-05-09 19:19:16

Dave Rahardja on Nostr: This is anecdotal, but I now personally know two employees of #AI-related companies ...

This is anecdotal, but I now personally know two employees of #AI-related companies whose valuations have imploded within the past month, and they are now looking to bail. One company lost 73% of their (publicly traded) value in a month. The other one is a startup whose founder (according to my friend) has “finally snapped”, and the company is now in freefall.

It feels like the bubble is bursting right now.
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