Dylan Robbins raised $20M for a gaming company by apparently convincing investors they were funding artificial intelligence.
Read full article →When you're out of GPU inventory and out of patience, apparently SpaceX's asking price suddenly seems reasonable.
Read full article →Firm's $2.5B Cerebras bet repackaged as visionary thesis rather than late-cycle desperation.
Read full article →VC firm that avoids hardware backed hardware anyway and somehow won—proving that indifference is just patience in a bull market.
Read full article →Media entrepreneur acquires controlling stake in digital publisher and assumes CEO role, proving that optimism scales inversely with market data.
Read full article →Cannabis operator treats single-digit revenue growth and a refinancing as validation that the business model works.
Read full article →When your guidance was so conservative that beating it by a full year becomes newsworthy rather than suspicious.
Read full article →Nothing says "recovery" like rationing electricity during peak consumption, a management strategy perfected over a decade.
Read full article →When a mega-fund announces real estate plays to justify AI valuations, you know the narrative is running on fumes.
Read full article →The company is asking investors to commit within 48 hours to a valuation that assumes profitability is merely a suggestion.
Read full article →DumbCapital covers venture capital and M&A in North America with the skepticism these markets have long deserved and rarely received. We are not impressed by large numbers. We are not moved by press releases. All articles are satirical commentary based on real, publicly reported deals. Nothing here is financial advice.