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Stock impact report

AI boom leaves crypto VC fundraising in the dust, founders warn [Yahoo! Finance]

Hamilton Lane Incorporated - Class A (HLNE) 
Last hamilton lane incorporated - class a earnings: 2/4 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Paul Brody, the former EY global blockchain lead turned CEO of Nightfall Networks, told DL News that it's a bad time for crypto teams trying to raise capital. That's because AI companies are growing so quickly that expectations for new startups have risen sharply, he said. “What used to be seen as strong early performance — around $2 million in first-year revenue — is no longer enough,” Brody said. “Now, investors expect closer to $4 million.” In other words, that surge in expectations is making it harder for crypto startups to compete for funding. Still, Brody sees some room for optimism. “The one silver lining is that at least some VCs are sitting back and saying, gee, we have an awful lot overcommitted to AI,” he said. “Maybe we need a little bit of other things in our portfolio.” And fundraising data from this week backs him up. Venture investors poured in nearly $37 million into crypto startups, DefiLlama data shows Here are the top three raises this week. BetHog Show less Read more
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