My Co founder reached out to a couple of "pre-seed" VCs in India.
This was the response.
and people wonder why India doesn't have a good startup ecosystem lol!
lmao so just to recap the week:
- openai acquired peter steinberger and openclaw committing to keep the project 100% open source and make it a core part of openai’s ecosystem. zuck is fckin fuming.
- china’s bytedance got sued by disney and hollywood for their seedance video model being so damn good BUT turns out it doesn’t even use their IP, it’s just that good lol
- a clawdbot (openclaw) gave birth to a replicate of itself and autonomously paid for its api access
- some random dude discovered $1.5 trillion worth of lithium buried under a super volcano in nevada miraculously solving the USA’s battery crisis (tesla praising the lord rn)
- anthropic confirmed spotify engineers no longer code they just prompt claude to write 100% of the platforms code. we’re talking about a $100B+ company here
- openai launched codex spark, a faster version of codex 5.3 that slings 1000 tokens / sec insane
- anthropic and openai both lost key AI safety staff because “the world is in peril” and they reject AI ‘adult mode’
- xAI laid off 20-40% of staff in a vital bid to align grok, X and spaceX teams before building 100Tw of compute in space
- matt schumer’s “something big is coming” article hit 100M+ views warning against AI except… it was co-written by an AI
- runway raised $300M at a $5.3B val
- europe committed $13B+ to fund next-gen AI startups to compete with the US
- norway decided to fck their entire economy with a 36% tax on UNrealised gains
goodnight.
India’s red tape actively punishes founders.
RBI blocks recurring charges on business credit cards. I can’t even pay for basic fucking SaaS with my OWN card.
Every month I have to email international vendors asking for manual payment links. Unnecessary bullshit friction and we can’t have our subscriptions suddenly stop.
@ReferRush runs on 20+ subscriptions to various software providers and we still use a personal card to keep the company running.
This is table-stakes infrastructure.
In the US, this never crossed my mind.
In India, it wastes founder time every single month.
This is how innovation quietly dies.
Even though @TuneHQ_AI closed down in March and we all went separate ways, I have no doubt every single person from this group will make an immense impact
Everything we did at Tune AI was very special to me. I still often wonder why it closed, what we did wrong, or what we could have done differently.
My time at Tune never felt like work, even though we all worked so hard. It was a unique experience. Other companies just say they're a family, but we really were.
Truly an unforgettable time.
@Deepneuron@garrytan Hey,
I am sorry this happened to you. I experienced something similar in SOMA when I first moved here. Take care and stay vigilant of your surrounding at all times.
https://t.co/Hqh3ImhfWh