2 posts tagged with "Venture Capital"

I still read funding flows out of habit, a leftover from years of raising money myself. That instinct has made the AI wave more interesting to watch than anything has been in a long time. What I am seeing is a familiar pattern at a scale I have not seen before. The money is pouring in, and it is pouring into a few places while running right past others.

The first time I sat down with a VC to talk about a raise, I assumed there was some formula behind the valuation number. Some model that spit out what the company was worth. There wasn't. The number on a term sheet is a lot less scientific than most people think, and figuring out how it actually gets set was one of the more useful things I learned raising money.