20VC x SaaStr: The Token ROI Crisis Comes for Everyone, Anthropic Wants Chinese Open Source Banned, and Microsoft Has Its Worst Month Since 2000

Summary

With Harry Stebbings, Jason Lemkin, and Rory O’Driscoll We recorded this on the last day of June, and one theme ran through almost every story: Companies quintupled their token spend in the first half of the year. Almost nobody can point to the revenue lift that justified it. That’s the real state of the AI... Continue Reading

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