Mona DeFrawi on LinkedIn: The AI bubble was leaking air at Milken in Beverly Hills (2024)

Mona DeFrawi

IPO & Private Market Innovator.Reconnecting Retail Investors to IPO & Early-stage Investing. Speaker & Mentor.

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Astute insights from PitchBook's Rosie Bradbury on the next venture bubble in process: "The overwhelming majority of AI startups on the market will eventually stall or collapse. As Elad Gil put it: “99% of the companies are going to be awful, overvalued and in many cases, fail. Everybody, including myself, we’re all investing in the 1% and we’re probably wrong.”Time will tell which models stand up to commercial pressures and which use cases stick, as large enterprises simultaneously pour in research and development dollars.In the meantime, there’s plenty of money going around to burn—especially if the Bombardier private jets pop-up at Milken is anything to go by."https://lnkd.in/gMq7CFFQ#AI#VentureCapital#Valuations#Fundraising

The AI bubble was leaking air at Milken in Beverly Hills pitchbook.com

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Mona DeFrawi on LinkedIn: The AI bubble was leaking air at Milken in Beverly Hills (2024)

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