This was most startups back in 2000. Having witnessed it first hand, I can tell it’s an extremely accurate description. So sad it’s still going on. In the 2000s we had “B2B” that VCs threw money at. AI is just the latest acronym.
Ah, the contrast between the wining and dining that one received around 2000 from startups as a computer science undergraduate, and the chase for any boring government contracting job to make loan payments in 2002-2003...
