AIRapid growth and billion-dollar bets in venture capital
A venture investor describes companies with no revenue or product raising billions at valuations of $10 billion to $50 billion, alongside unusually fast growth in their portfolio.
TLDR
A venture investor calls the market the most disorienting they can remember. They describe some portfolio companies growing faster than anything they've seen in their career, while companies with no revenue, no product and small founding teams raise billions at valuations of $10 billion to $50 billion.