Dan Hockenmaier’s Post

🚀 'Here’s the full list of 44 US AI startups that have raised $100M or more in 2024' 🔥 A must-read for investors and founders looking to level up! 🌱 Check it out here: www.blog.pitchndeal.com" 🔥 For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. AI deals continued to dominate venture funding during the third quarter. AI companies raised $18.9 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding. The third quarter also saw the close of […] 🚀 🔥 https://lnkd.in/eZygZF5N 🚀 Whether You're an Investor or a Startup, Discover Game-Changing Insights! Check Out Our Blog. #Leadership #Innovation #Marketing #Technology #Entrepreneurship

AI startup valuations are skyrocketing with CoreWeave's $1.1B round and xAI's nearing $6B. Are we repeating past mistakes? 💡 Read more and join the conversation.

#Deepseek Remember a week back we discussed that things would change in the future and small teams would become unicorns. The future is already here. The small company, small investment game is speeding up. I always disliked the methodology of pumping insane cash into startups and how such startups take up fancy routes to success like sponsoring IPL and so on. DeepSeek, and it's FREE model. DeepSeek was supposedly built for peanuts – like, $5 million! Compare that to the billions AI firms (in the US) throw around. This DeepSeek thing is the phase. Smart, lean, and agile strategies is the future. Time to get back to the basics.

🚀 'Here’s the full list of 44 US AI startups that have raised $100M or more in 2024' 🔥 A must-read for investors and founders looking to level up! 🌱 Check it out here: www.blog.pitchndeal.com" 🔥 For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. AI deals continued to dominate venture funding during the third quarter. AI companies raised $18.9 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding. The third quarter also saw the close of […] 🚀 🔥 https://lnkd.in/e9Wda-sM 🚀 Whether You're an Investor or a Startup, Discover Game-Changing Insights! Check Out Our Blog. #Leadership #Innovation #Marketing #Technology #Entrepreneurship

Some startups are raising hundreds of millions of dollars before having a product or revenue. Artificial intelligence startup Imbue has hoodies branded with its circular orange logo, an office in the heart of San Francisco and marquee investors who lavished the company with more than $210 million. More than two years into its founding, what the startup doesn’t have is a business—or a product that could create one. Despite a broad downturn in the startup sector, investors chasing the stock market successes of Nvidia and Microsoft have deluged AI upstarts with record levels of funding, minting dozens of companies with billion-dollar valuations in the past year. The investment frenzy is already fueling concerns of a bubble as startups struggle to translate the hype into revenue. “Everyone believes that AI is the future, so we are going to see an extraordinary amount of investment until proven otherwise,” said Alex Clayton, a general partner at the venture firm Meritech. “The problem is that we don’t know what these business models are going to look like at scale. You can have theories about it, but you really don’t know.” Fears of rising startup valuations aren’t new in Silicon Valley. But the AI gold rush is notable because investors are writing massive checks—sometimes in the hundreds of millions of dollars—just to get these companies off the ground. Even during the peak of the startup boom, such large financings were reserved for later-stage private companies gearing up for aggressive growth.

🚀 Exciting news in the tech world! Canadian-founded, New York-based AI startup Clay has secured $63 million CAD in Series B funding to help automate sales and marketing for businesses. Led by Meritech Capital, this round brings Clay's total funding to $85 million CAD and values the company at $500 million USD. Clay aims to revolutionize how companies conduct customer research and personalized outreach. What are your thoughts on AI transforming sales and marketing? Share your opinions in the comments below! 👇 #TechNews #AI #Startup #Innovation #SalesAutomation #MarketingTech

The Information has a piece outlining that startup live can be difficult and outlines that with examples of ex-Googlers https://lnkd.in/gjYmR6Zb. #artificialintelligence #exgoogle #startup #challenge #theinformation

Why the Y Combinator thinks that now is the time to build #Govtech startups... "Now might be a uniquely good moment to give [selling software to the government] a shot. The deficit is running high and there is hope the government will find ways to reduce spending and operate more efficiently. At the same time, AI is now powerful enough to automate many types of administrative work the government spends billions of dollars per year on." "... building AI software to automate work done by the government would both reduce spending and make the government more efficient." - Harj Taggar Link to the article in the comments #Startups #Governments

AI is sucking up the venture funding these days 🌪️💸 (perhaps with good reason)🤖. In discussing all the froth of the market, this article also includes two wise gems 💎💡: ”You really need to have a path to profitability, which was never used to be the case in early stage ventures” (Jacob George, Founders Factory) 🛣️📈🎯.” I was talking to a founder of a software company last week that listed for $4.5 billion. While the company disrupted bigger players, the founder said they weren’t better, but they listened more. They spoke to and listened to their customers a lot more than the bigger players” (Richard Abrahams, Sprout) 🗣️👂🚀. Check out this insightful: https://ow.ly/PRrq50ROV2r #startupdevelopment #startup #founder #scaleup

As a startup, you're should be solving a problem. Any problem worth solving is: - Urgent - Under-served - Unavoidable - Ultra-specific #web3 #startup #AI