Builder AI’s collapse underscores the risk of hype-driven valuations. AI branding alone isn’t enough without product-market fit, real tech, and financial transparency.
Ive been following Builder AI for a while, probably since 2020, I was really shocked to see the sudden bankruptcy filing. I have been meaning to get into the reasons, I did see posts from the company post bankruptcy claiming that the tech and double revenue booking were not the actual reasons for collapse and it was just bad money management.
Thanks for sharing this comprehensive account of the story behind the collapse
Excellent analysis! The 'not even an AI company' point is crucial.
Thanks for reading!
Builder AI’s collapse underscores the risk of hype-driven valuations. AI branding alone isn’t enough without product-market fit, real tech, and financial transparency.
Accurate.
Ive been following Builder AI for a while, probably since 2020, I was really shocked to see the sudden bankruptcy filing. I have been meaning to get into the reasons, I did see posts from the company post bankruptcy claiming that the tech and double revenue booking were not the actual reasons for collapse and it was just bad money management.
Thanks for sharing this comprehensive account of the story behind the collapse
Hope this gives you some insights. Thanks for reading, Ashwin!
The main thing that went wrong here is lies and fraud.
It’s not about the AI, the tech, the pandemic.
It’s deliberate lies 😅.
And investors blindness as usual , falling for FOMO and not looking under the hood.
because they never learn in spite of recurring examples of this type of behaviour over the years.
Couldn't agree more 💯😂😂🙌