acqui-hires

Five months after Microsoft hired its founders, Inflection adds usage caps to Pi

Inflection will cap free access to its AI chatbot Pi in the coming months, the startup tells TechCrunch. Users can also now export their conversations off the AI chatbot, as the new CEO shifts the company’s focus towards enterprise products. The usage caps come just a year after Inflection raised $1.3 billion to build out […]

Five months after Microsoft hired its founders, Inflection adds usage caps to Pi Read More »

Selling a startup in an ‘acqui-hire’ is more lucrative than it seems, founders and VCs say

While the best startups are doing well, even in this tough venture capital market, others are struggling to raise new funding. If they can’t raise and haven’t become self-sustaining businesses, their best bet is to get acquired, even if it’s for a fraction of their last valuation. The alternative would be to run out of

Selling a startup in an ‘acqui-hire’ is more lucrative than it seems, founders and VCs say Read More »