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Interesting data. The reality as I see it, "revenue is everything". The only thing you can use to support valuations in a stubborn investment market. I caution against the "claim AI" tag, there are already too many projects attaching themselves to AI which make no sense. It will create problems in future rounds.

AI startups are raising but for some valuations are being slashed so all is not well in that sector. A "quality shakeout" is starting.

For the rest of us, hang in there, adopt a long game and keep everything as lean as possible. Good luck

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