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The groupthink boom: what three top VCs really think about the AI frenzy - TechCrunch
Overview
Three leading venture capitalists said groupthink and FOMO are driving an unprecedented surge in AI investing, often favoring very young founders and loosening diligence. New reporting shows this investor rush has materially harmed hundreds of pre-ChatGPT startups—depressing valuations and starving them of follow-on capital—illustrating the real-world consequences of the funding frenzy.
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