“Diligence isn’t even being Attempted”

Industry Analysis - The buyer has essentially destroyed the core of the company, leaving only a shell [1] - Scale was once valued at $28 billion, implying Brett should be worth $56 billion [1] - Venture capital today focuses on increasing human efficiency by 10% through AI co-pilots [2] - The real goal is to reduce workforce by 75% using AI [2] Due Diligence Concerns - Venture rounds are now being completed on Saturdays, indicating a lack of proper due diligence [2] - There is a significant decline in diligence compared to two years ago [2] Ethical Considerations - Increased accountability is needed, specifically more founders committing fraud should face imprisonment [3]