Equity 2024: Founder Mode, AI, and the 'Rise of the Broligarchs'
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Dec 27, 2024 Reflecting on 2024, the hosts delve into the tumultuous world of venture capital, examining the exodus of funding and the shuffle among top VCs. They discuss the implications of ambitious AI investments, wondering if 2025 will finally bring returns. The struggles of companies navigating IPO pressures encourage a shift towards mergers and acquisitions. Additionally, internal tensions in the WordPress community highlight the complexities of innovation, while the rise of disruptive startups in AI and space emerge as key trends shaping the tech landscape.
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Notable Stories of 2024
- Kirsten Korosec mentioned Sean's extensive investigation into Fisker's demise.
- She also highlighted Rebecca Balan's story about the e-bike startup Onyx after its founder's death.
Max Space and a Humbling Discovery
- Devin Coldewey enjoyed writing about Max Space, a company creating a new type of inflatable space habitat.
- He recounted a humbling moment for the founder, Aaron, who discovered his 'genius' idea had already been conceived by a 17th-century mathematician.
VC Landscape Shift
- Venture capital experienced significant upheaval in 2024, with many exits and paused deals.
- Mega-funds emerged, creating an uneven funding landscape and potential for another bubble.