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The Impact of the Bridge Round on AI Growth
AJ: All of these 40% were bridge rounds. And the purpose of the bridge round is to kick the can down the road and to say, we don't want to know what the company's worth. 15 total deals, 500 million in capital invested. A few companies that are doing well, everybody else is struggling. AJ: So everyone has their like chink in the armor. If you're on the other side, let's get constructive here. Let's get positive. What do we need to do?