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Chasing hype is human nature: The tyranny of startup trends

TechCrunch

I think it’s important that we explicitly discuss something that every VC instinctively knows: The hype around a given business or category has become a form of bias for investors and founders when vetting ideas to pursue. We can look at this and collectively lampoon anyone who could possibly have bought into that absurd trend.

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AI’s hype isn’t going to be simply star-studded 

TechCrunch

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. While Kutcher’s firm has been around for a long time and has lived through enough hype cycles to not be easily swayed one way or another, the filing made me curious. It’s complicated.”

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It Is What It Is: A fake app hyped on Twitter turned into a fundraiser for racial justice causes

The Verge

A group of us changed our Twitter names to include “[the emoji]” because we thought it was a funny trend from TikTok. As the group said in its statement, “it is what it is: a meme that leveraged the relentless hype of exclusive apps and redirected it towards a critical social need.”.

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Don’t use Sam Altman and AI hype in the same sentence

TechCrunch

More on the trend here.) Don’t use Sam Altman and AI hype in the same sentence by Natasha Mascarenhas originally published on TechCrunch SVB collapse update , including what we are looking for next. And what Y Combinator’s round of layoffs tells us about the accelerator scaling back from late stage. Busy few weeks, yeah?

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10 years of fintech failure: 3 more ideas that failed to live up to the initial hype

TechCrunch

These ideas rolled out with hype and momentum, but they ultimately failed to change the way the average person manages their money. Rather, this piece will focus on fintech ideas that received some degree of initial hype and momentum, but ultimately failed to change the way the average person manages their money.

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The big three cloud providers, Amazon, Microsoft and Google currently make up 67% of the market

TechSpot

Synergy Research Group has released its latest data on business trends in the cloud computing market. The three major companies involved in the lucrative business are racking up huge amounts of money, aided "in no small part" by the hype surrounding generative AI services. Read Entire Article

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Does web3 need a venture bailout now that AI has all the hype?

TechCrunch

Well, the data indicates that web3 companies’ ability to raise private capital has flatlined to a fraction of its former pace (perhaps by as much as 80% in Q1 2023 if trends hold). The picture for AI-related funding is a bit less clear. by Alex Wilhelm originally published on TechCrunch

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