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Elad Gil on startup fundraising in 2023, his bold predictions for Silicon Valley, AI market map, energy and the politics of nuclear power, and how he finds the smartest builders

The Aarthi and Sriram Show

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What Happens to Early Stage Companies?

During the last two years of COVID, money was so abundant, and valuations kept going higher and higher. So everybody got a free round or two. Many companies way over hired relative to their progress. And now those companies are stuck with enormous overhead,. high burn, really screwed up cap table in some cases., and very little revenue potentially in a product market fit.

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