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The Fall of Venture Capital: Why the $40B OpenAI Deal and AI Overconcentration Signals Systemic Collapse
https://nextwave.partners/the-fall-of-venture-capital-why-the-40b-openai-deal-and-ai-overconcentration-signals-systemic-collapse/
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AI startups received 57.9% of global venture capital in Q1 2025. This report reveals why the $40B OpenAI round marks a structural failure in venture investing—and what must replace it.