Thrive's Kushner warns VCs: AI hype is eroding investment discipline

Thrive's Kushner warns VCs: AI hype is eroding investment discipline

Yesterday
TechCrunch Venture AI SprinklerAS Funding_ma

The Gist

  • Joshua Kushner publishes first investment letter cautioning against AI euphoria
  • Notes 63% of 2026 AI funding went to companies without clear GTM paths
  • Warns valuation multiples now exceed dot-com bubble peaks

RevBots.ai View:

Revenue leaders should pressure test AI vendors on actual commercial traction, not just technical promises.

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