Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
Glean raises $260M series E (glean.com)
2 points by natthub on Sept 10, 2024 | hide | past | favorite | 3 comments


Glean is not a real business and is more of a VC back dealing play to buy revenue and fund some acquisition. Lucky for those who got in on it I guess early. Insane multiples for a not that interesting of a product or certainly one that is easily replicated, and the usefulness (internal docs) is one where businesses would cut costs easily as its not a profit center. Everything they offer is being commoditized.


> "Businesses today are in the midst of an AI transformation — one that promises to be as big or bigger than the internet, mobile, cloud, and other major technology shifts of the past century."

It's hyperbole like this that makes me a constant skeptic.


Can you believe that investors keep falling for this?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: