The other side of AI hype

This week, Mary Ann Azevedo and Alex Wilhelm took to the mics to chew through funding rounds and trends galore. Enjoy, and don’t forget that our interview with Aileen Lee is here.

Pomelo: $40 million more dollars for Latin American fintech? It’s the perfect Mary Ann story. Even better, we got growth data from the company to noodle on. It turns out you can raise up rounds in 2024!Tandem: Alex chose the Tandem Seed round for his deal of the week, even if he doesn’t want to use it. In short, couples of all types have different money management needs, making Tandem a potential hit.Briq: Mary Ann has been covering this company for some time, making its recent extension round well worth our time.AI and the enterprise: AI is going to change everything, AI is going to make your job irrelevant, AI is going to eat your lunch. So we hear. The enterprise, however, is singing a slightly different tune.Valuations, and their potential recovery: Sadly it doesn’t seem too likely that we are about to see a massive rebound in startup valuations this year. The good news? It doesn’t seem too likely that we are about to see massive price erosion, either.

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