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AI companies are raising at valuations that require them to grow at rates that are only achievable by chasing the broadest possible market with the most generic possible product.
A company that raises at a $500M valuation needs to show a path to billions in revenue,
which means it can't afford to be a niche tool that does one thing brilliantly for a specific audience.
It has to be a platform, horizontal, aimed at enterprise, built for no one in particular.
Ever…