Ex-Googlers Realize Startups Are Tough After Major Setbacks 🚧

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Summary:

  1. Founders’ Fallout
    French AI startup H, founded by ex-Google researchers, lost three of its five co-founders due to operational and business disagreements, just months after raising $220 million.

  2. Acquisition Woes
    Other startups by former Google AI researchers, like Inflection and Adept, have faced quasi-acquisitions or failed buyout talks, highlighting the challenges these new ventures face.

  3. Revenue Questions
    Cohere, another ex-Googler-founded AI startup, is also under scrutiny for its low revenue despite having significant funding, raising doubts about the sustainability of these ventures.

Read more at: The Information