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Vivek kumar

On medial • 1y

Successful Startups (2024) 1. Perplexity AI: Generative AI search engine, $165M funding, rapid growth. 2. Overjet: AI-driven dental care, $134M funding, FDA-cleared. 3. SecureSave: Employer-based emergency savings, significant fintech success. 4. Adity: Online insurance tracker, Top 100 startup in Spain. 5. Robin AI: AI-powered legal contract automation, growing in legal tech. Flop Startups (2024) 1. Zilingo: Mismanagement and funding misuse led to bankruptcy. 2. Better.com: Layoffs and negative publicity damaged its reputation. 3. Metafy: Failed to sustain its niche in online gaming coaching. 4. Katerra: Poor execution in modular construction led to shutdown. 5. Ola Electric (partially): Quality issues and delivery delays hurt customer trust. These startups reflect successes and failures based on innovation, market demand, and execution.

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Perplexity AI led by Arvind Srivastav now becomes the 3rd most valuable AI company after OpenAI and Anthropic.... Hits a staggering all time high $18 Billion after closing a $100 million funding.

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