Add AI to your deck, add a zero to your valuation

Here's a headline: 4 week old AI startup raised $113 million dollars. That's the amount for a company with no revenue, and no product, they managed to convince investors to put in more than $100 million dollars. It feels like the lyrics of a Dire Straits song…  Money for nothing. Today Alec and Sascha ask if they're missing something here... or is this a sign that AI hype is reaching fever pitch? Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.