The CEO of AngelList Avlok Kohli spoke to some of the challenges that fintech companies are facing in fundraising as the AI wave washes over the entire industry: fintech investments went from 20% of all deal flow in 2022 to 10% now, while AI and machine learning startups went from 5% to 50% of all investment dollars over the same period , Kohli said, citing AngelList’s figures.
“I just think the opportunities are way larger over there,” Kohli said.
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