During an interview at the Upfront Summit in Los Angeles, Benchmark general partner Sarah Tavel said the venture capital firm is “being very active” in the artificial intelligence sector and described 2023 as “a very disruptive moment” for the industry. Her comments follow Benchmark bets on MindsDB, a startup that uses machine learning to create databases, and generative AI startup LangChain ....
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Forget the IPO Window. Watch for More M&A
Here’s some food for thought about initial public offerings. Yesterday I asked Brex co-CEO Henrique Dubugras when he thought the IPO window would open. His fintech company, after all, is one of many that could be beating down that door. Having raised $1.5 billion in funding, Dubugras said the company has a plan to break even off its existing funding. When I ask the IPO question, I usually...
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