VCs abandon old rules for a funky time of investing in AI startups TechCrunch

VCs abandon old rules for a funky time of investing in AI startups | TechCrunch

News Source : TechCrunch

News Summary

Aileen Lee, founder and managing partner of Cowboy Ventures, said: “It’s a funky time.” Jon McNeill, co-founder and CEO of DVx Ventures, stated that even startups that grow rapidly from inception to $5 million in revenue often struggle to secure follow-on funding.
Steve Jang, founder of Kindred Ventures, disagreed that a strong go-to-market (GTM), an industry term for sales and marketing, holds greater weight for investors.

If theres one thing that VCs agree on when backing AI startups, its that AI requires a different investment approach than prior technological shifts.Its a funky time, said Aileen Lee, founder and [+3201 chars]

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