Get the latest tech news

The moment GMV is labeled ARR, the business is built on sand


Illusion in the Age of AI — The moment GMV is labeled Annual Recurring Revenue, the business is built on sand In recent feeds and headlines covering AI startups, a certain phrase repeats with exhausting frequency: "Reached $X million ARR in just n months." At first, it is impressive. The second time, it invites skepticism.

None

Get the Android app

Or read this on Hacker News

Read more on:

Photo of Moment

Moment

Photo of Business

Business

Photo of GMV

GMV

Related news:

News photo

Meta to Buy Manus, an AI Startup With Chinese Roots

News photo

Racist AI fakes are now a business — and a political tool

News photo

Kara Swisher: We're in an 'Eat the Rich' Moment