Major tech trends tend to draw lots of “dumb money” from investors, and machine intelligence is no exception. Some will lose money on insignificant acqui-hires while others may survive long enough to see their investments die at the hands of open source. But for a smaller list of VCs, machine …
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Editor’s Note: Fabrice Grinda is an Internet entrepreneur, angel investor, and co-founder of OLX, one of the largest free classifieds sites in the world. This piece is excerpted from a larger report due to be posted on Grinda’s site, Musings of an Entrepreneur. As the first quarter of 2015 draws to …
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Another day, another series of Silicon Valley e-commerce explosions: Gilt Groupe just sold for a fraction of its valuation (and its capital raised) and One Kings Lane is reportedly the next to die. Previously it was Fab.com being sold for nothing after severely underperforming — ah, Fab, the first billion-dollar retail “unicorn” born with …
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