23andMe – from $6 B dream to Chapter 11
Vitals: Founded 2006, Peak Valuation $6 B , IPO 2021 at $3.5 B March 2025: filed...
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Humane Inc. – from $850 M dream to $116 M fire-sale
Vitals: Founded 2018, Peak Val $850 M, Outcome Asset sale to HP ($116 M) What Went...
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Stability AI – $1 B Hype vs. $99 M GPU Bill
Vitals: Founded 2019, Peak valuation ≈ $1 B (Oct 2022) Funding ≈ $125 M, Burn ≈...
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When AI turns out to be 700 humans
If you missed the headlines: Builder.ai—once a $1.5 B Microsoft-backed “AI” unicorn filed for bankruptcy. After...
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