sorry that's a retcon - the memetic success comes purely from the overwhelming success of the product. chatgpt similarly is a terrible name, even tho openai is insecure about it uncs from all around the world know it only due to the overwhelming pmf. blackpill is name just doesnt matter if your product is incredible
‘bloodbath’ is vc speak for taking money from a canadian pension fund and a few geriatric family offices, chasing the most obvious deal on earth, and getting allocated zero because the founder didn’t like you
Anthropic’s last round was apparently a bloodbath behind the scenes. A GP at a prominent fund had dinner with Dario three times before their allocation was slashed to zero. At least four other tier-one funds got pulled at the last minute.
Their crime? Passing on the Series B, the hardest round Dario ever had to raise (led by Spark). In venture conviction is all that counts.