Why OpenAI’s $750B valuation is changing the VC model
Secondary liquidity at unprecedented scale is forcing firms to rethink fund design, ownership concentration, and time-to-liquidity assumptions.
Secondary liquidity at unprecedented scale is forcing firms to rethink fund design, ownership concentration, and time-to-liquidity assumptions.
After a sustained run, investors rotated into defensives; AI-linked names remain sensitive to forward guidance.
Foundation models plus better simulation are turning brittle automation into adaptable systems — but safety certification remains the bottleneck.
A targeted restriction reflects rising concern about persuasive AI and youth data collection — and could set national precedent.
A barbell market is forming: huge rounds for a handful of companies, tighter diligence for everyone else.