Character.AI is in talks to raise $250 million. Adept raising from General Catalyst and Spark. Investors weigh investments in Anthropic and Stability AI.
A lawsuit alleges "deceptive conduct," "self-dealing," and making false representations in a PPP loan forgiveness application
Another Shoe to Drop (w/Jeremy Levine)Listen now (72 min) | Bessemer's Jeremy Levine traces the rise and fall of private tech valuations, explains why down rounds are so painful, and games…
Data shows sliding secondary share prices and disappearing late stage funding rounds
Series B valuations were cut in half from the first quarter of 2022 to the last
'I Fell in Love With an Algorithm' (w/Cristóbal Valenzuela & Alexis Gay)Listen now (56 min) | On Dead Cat, we talk about the rise of generative artificial intelligence with Runway CEO Cristóbal Valenzuela. Non-Technical…
A look at what some of the high-profile blowups of the bull market will mean for founders in a downturn.
Business Tea, the Creator Economy Downturn, Twitter Drama & TikTok's Chinese Influence (w/Taylor Lorenz)Listen now (60 min) | On Dead Cat, reporter Taylor Lorenz and I take stock of crypto Twitter tea accounts, the troubled creator economy, and TikTok…
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