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Startups & Venture·September 25, 2026·1 min read

Tatiana Shalalvand joins Cherry with an eye to back Legora, Lovable mafia founders

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Cherry is explicitly doubling down on the Lovable mafia and Nordic repeat founders—expect faster follow-on cycles and higher bar for first-time teams in that ecosystem. If you’re building in the Nordics without that network, assume you’re competing against pre-wired founder stacks and plan your capital strategy accordingly.

Startups & Venture

Radical Ventures: AI neolabs, many lacking products, markets, or revenue, raised $24B in the past two quarters, nearly 5x OpenAI and Anthropic pre-ChatGPT

$24B into early AI neolabs with little revenue is a classic capital overshoot—talent and GPU hoarding now, consolidation and down-rounds later. Operators should expect aggressive hiring and pricing from these labs in the near term, but design their roadmaps assuming many of these vendors will not remain independent in 24–36 months.