Every cycle the bottleneck moves down the stack

Hi, I’m Sergey Osipov (@s_osipov) 🦄 Unicorn co-founder. Investor 🎙️ Host of Naturally Artificial founder-to-founder talks in the AI era 💡 Join for unfiltered startup wisdom! #AI #Startup #RollUps #Founders #Investing #Tech

ai startupsfundraisingtokens

Funny pattern. Every cycle, the bottleneck moves one layer down the stack. Talent → infra → attention → compute → what’s next?

  • → 2010: startups raised to hire devs
  • → 2015: startups raised to rent AWS
  • → 2020: startups raised to buy clicks
  • → 2026: startups raise to buy tokens
  • → 2030: startups raise to buy electricity? Data? Trust?

Your bet for 2030?👇

#AIstartups #VCmoney #Tokens #Fundraising #TechCycles

Visual: four founder stages across 2010–2026 — hiring devs, server rack for AWS, giant cursor for clicks, founder with NVIDIA tee.
Graphic comparing startup fundraising focus across cycles: hire devs, rent AWS, buy clicks, buy tokens.

Discussion

Aleh
2026-2027: startups is supposed to raise to hire Ai engineers
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