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AI boom masks fundraising struggles for non-AI startups | TechCrunch

Earlier this year, IVP general partner Tom Loverro, proclaimed that the post-pandemic downturn is over, and companies that made it this far should prioritize growth over cost-cutting. Yet, the companies still struggling to raise their next round of financing at a higher valuation or survive altogether could still be in the thousands, according to Brian Hirsch, co-founder of Tribeca Venture Partners. The 13-year-old firm has a late-stage strategy that, unlike conventional growth funds, invests in...

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