AI startups are eating the venture industry and the returns, so far, are good; plus, Delve accused of misleading customers

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AI startups accounted for 41% of the $128 billion in venture dollars raised by companies on Carta last year — a record-high annual share.

Also, an anonymous Substack post accuses compliance startup Delve of “falsely” convincing “hundreds of customers they were compliant” with privacy and security regulations.

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