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marcinzm
on Aug 31, 2023
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Veriff laying off 55 people in Estonia
They raised in Jan 2022 before the AI boom so it's not due to that but rather to the pre-2022 VC culture driven by low interest rates.
gumballindie
on Aug 31, 2023
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The media ai boom started in 2023 but i know people have been obsessed with ai investments for a number years before 2022. All of them flopped afaik.
marcinzm
on Aug 31, 2023
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parent
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Pre-2022 everyone was getting tons of money for everything.
gumballindie
on Aug 31, 2023
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Absolutely, and now the losses are being cut, particularly around grift centric niches such as ai and crypto currencies.
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