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Raj Verma

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businesstechnology1 year ago

"Reflections on the VC Ecosystem: One Year After SVB's Collapse"

SingleStore CEO Raj Verma discusses the impact of Silicon Valley Bank's collapse on the venture capital ecosystem, noting a shift away from "growth at any cost" towards a focus on profitable growth and fiscal responsibility. While there is still capital available, it has become harder for companies to raise funds, with only the strongest companies succeeding. Verma also highlights the significant opportunity of generative AI in the current landscape.