AI Frenzy Splits VC Into Winners and Have-Nots
THE SO WHAT
When VCs talk about an AI "have and have-not" split, it means capital is concentrating in a small set of AI narratives and relationships, not evenly across the stack. If you're building outside the current hype lanes, assume longer fundraise cycles and design your burn and milestones so you can survive without immediate access to those "winner" networks.
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