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Open original source ↗I suspect 70-80% of revenues at AI companies are from other AI companies who’ve raised money from the Venture industry.
This is not a circular revenue problem but it is a revenue quality problem.
We’ve seen this before in the SaaS cycle in the early/mid 2010s.
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These are the quoted author’s words.
Through September, AI companies have captured ~83% of all US venture funding. https://t.co/G03Xdd9WKF
socialcapital ↗