Business & Economy · 3 views
The cracks in venture are beginning to show, just as Anthropic gets ready to IPO
On the eve of a historic IPO for Silicon Valley’s investor community, the fragilities of venture are as clear as they’ve ever been to me.
Summary
On the eve of a historic IPO for Silicon Valley’s investor community, the fragilities of venture are as clear as they’ve ever been to me. I’ve been thinking about this irony for days: Anthropic is set to go public as soon as next week (everything I’m hearing says “Jensen Huang’s affair be damned, all systems go”), and while this is primed to be a banner moment for VC, venture seems to be structurally over its skis.
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