#strategic-pivots

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#trump-media--technology-group #truth-social #stock-market-decline #financial-losses #ai-fomo
NYC startup
fromFuturism
3 days ago

Things Are Suddenly Looking Incredibly Bad for Trump's Social Media Company

Trump Media & Technology Group lost $712.1 million in 2024 while generating only $3.7 million in revenue, causing stock prices to plummet over 50% in six months to around $8.59 per share.
fromSilicon Canals
3 weeks ago

How fear of missing out on AI is driving reckless pivots across European B2B startups - Silicon Canals

According to Dealroom's 2024 European Tech report, mentions of "AI" in European startup pitch decks increased by over 200% between 2022 and 2024. VC funding for AI-adjacent startups surged, even as overall funding in Europe contracted. The signal was unmistakable: if you want capital, you need to speak the language of artificial intelligence.
Startup companies
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