Supercruise · 19 October 2026 · Operating Insight

Record Dollars, Rare Exits

Morgan Livermore, GP @ Supercruise

Record VC dollars have concentrated in AI; for most profitable software companies, raising beyond actual needs creates unfavorable cap tables that can leave founders with nothing after acquisition. Bootstrapped or conservatively-funded companies enjoy better margins, profitability, and outcome optionality.

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Topics: Venture Capital & Startups · Enterprise Software

Published by Supercruise · their site ↗

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