Funding
5 stories filed under Funding.

Funding
The half that isn’t AI
Roughly half of every venture dollar in the world went to AI last year. For the founder building anything else, the number that matters isn’t that one — it’s the deal count underneath it.

Funding
The fifty-billion-dollar hangover
More than $51 billion is parked in roughly 150 software companies that haven’t raised in four years and mostly can’t. For the founders who never took the money, the reckoning reads less like a warning than a vindication.

Funding
Halyard passes $6M ARR, still no outside capital
The sailmaker crossed $6M in recurring revenue in June with 31 staff, two declined term sheets and four straight profitable years behind it.

Funding
We said no twice
Halyard crossed $6M in June with no outside capital, two declined term sheets and a growth rate its co-founder calls unfashionable. Tom Aldous on what restraint actually cost — in salary, in staff, in years.

Funding
Customer-funded: the quiet alternative to the seed round
Deposits, pre-orders and retainers are financing more first years than any fund is. The money is real — the trap is that it doesn’t feel like debt.