VCs are so expecting AI startups, they're buying into every others’ SPVs at excessive prices | TechCrunch – Techcrunch
VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming such hot commodities that they are commanding premium