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The AI Boom Has a 40% Kill Rate. Here's What Disappeared With the Dead Startups.
3,800 AI startups shut down in 2025, another 1,800 folded in early 2026. The real cost isn't the company count — it's the interoperability layer that vanished with them.
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Your Boss Just Said 'Consolidate AI Tools.' Here's the Rubric.
A four-question framework for deciding which AI tools to keep and which to cut — as platforms absorb the features startups sold you as standalone products.
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The $8 Billion Asterisk on AI Revenue
Anthropic counts the full dollar. OpenAI counts twenty cents. Until the SEC forces a standard, every AI revenue headline carries an invisible asterisk.
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Four Checks Bought the Future
Q1 2026 closed at $300B in venture capital — but four companies took 65% of it. Schnapps pulls apart the numbers on concentration risk, bifurcating markets, and exit math that makes 1999 look diversified.