[kumarm]

Most likely. But that's exactly what someone who hasn't experienced enough cycles in industry would come up with :).

[stego-tech]

Exactly this. My startup count is zero, but even I’m well enough informed to know that casting such a wide net is diverting attention away into too many tangents, too quickly, and will drain your balance sheet dry before you can capitalize on any singular success to build a moat or secure another funding round.

They were banking on AI coding being better than it was, and the snowball effect happening faster than it ever could. And now, they’re toast.