[popcorncowboy]

They'll raise at double that or more before the end of the year. The dynamics of the VC market right now are staggering to watch, but the money velocity is real, and this has "ex-CEO of Github" plus "AI".

It's legit mania in VC world even as they're looking at each going "is this mania? Is it mania if you're asking if it's mania". The only rule right now is the music is playing so no-one wants to grab a chair. There's a sense this might come crashing down, but what's a player gonna do, sit on the side while paper markups are producing IRR that is practically unprecedented?

This kinda has to end badly at this point.

[cheema33]

> this has "ex-CEO of Github" plus "AI".

If they could top it off by stealing a janitor from OpenAI or Anthropic, the VCs might wet their pants with excitement.