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Stripe to raise $6B, $SIVB drops 60%, generative AI funding | E1695
This Week in Startups
How Do You Think This All Shapes Out?
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We are now going to have 25 well funded competitors. In each of these spaces, right, their products are going to be non differentiated and it's going to be a race to the bottom in terms of the cost per API use. I think there's a really big question of just whether sort of incumbents or sort of middle ground incumbents can implement this technology or whether service. It reminds me of when cloud and mobile came out.
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