Annie Bang / Bloomberg:

Silicon Valley investors say annual recurring revenue, a popular metric with AI startups, is unreliable because it lacks SEC definitions and can be inflated  —  The co-founder of Cluely — an Andreessen Horowitz-backed startup with the motto, “Cheat on everything” — ignited a controversy earlier …

Annie Bang / Bloomberg:

Silicon Valley investors say annual recurring revenue, a popular metric with AI startups, is unreliable because it lacks SEC definitions and can be inflated  —  The co-founder of Cluely — an Andreessen Horowitz-backed startup with the motto, “Cheat on everything” — ignited a controversy earlier …

Source: TechMeme
Source Link: http://www.techmeme.com/260407/p22#a260407p22