Did anyone else get offers to join single-purpose ventures (SPVs) to invest in this Anthropic round?
I got the impression that some people were reselling access and adding layers of fees to profit from the hype.
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I got the impression that some people were reselling access and adding layers of fees to profit from the hype.
More importantly, we should ask who will be left holding the bag when this bubble bursts. For now, investors are getting their money back through acquisitions. Founders with desirable, traditional credentials are doing well, as are early employees at large AI startups who are cashing out on the secondary market. It appears the late-stage employees will be the ones who lose the most.