Many AI founders now find it necessary to raise at valuations requiring absolute domination of the field; Brex, once valued at $12B, shows the downsides of this (Jason Lemkin/SaaStr)
Jason Lemkin / SaaStr:
Many AI founders now find it necessary to raise at valuations requiring absolute domination of the field; Brex, once valued at $12B, shows the downsides of thisΒ βΒ Capital One just announced it's acquiring Brex for $5.15 billion.Β An incredible, top .1% βexitβ in less than 10 years β¦