There Was Never An Easy AI Era, And Investors Are Raising The Bar
As AI IPOs bring greater scrutiny, argues guest author Maor Farid, founder and CEO of Leo AI, investors will increasingly prioritize customer spending growth, sustainable margins and deployment efficiency over rapid revenue growth alone.
Via Crunchbase News
By Maor Farid
In 2021, putting AI on a slide could get you funded. Small and mid-sized businesses were eager to be early adopters, and they bought fast. I watched companies secure customers, raise money, then struggle to keep anyone using their products. Retention fell off a cliff.
Many of those products were generic: They did what traditional software already did, with AI fairy dust sprinkled on top. Others saved a bit of time on something nobody’s job depended on…
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