Builder.ai went from a value of $1.5B to zero in a few months

Largely an indictment of tech “journalism” that these naked emperors can be allowed to run around for so long. Number 3 on Fast Company is an embarrassment. Instead, most of them function as little more than publishers of press releases.

22 May 2025:

https://beam.ai/agentic-insights/builder-ai-from-unicorn-to-...

> Allegations emerge that the company posted fake reviews and used logos of clients it hadn’t actually served.

Every start up on HN ever

When the CEO of your company steps down, but keeps the title of Chief Wizard, you should probably stop believing the fantasy.

Turns out, this "AI" was Actually Individuals (human's masking as computer intelligence).

Artificial Inflation of share value you say?

Your comment was Amusingly Insightful, I say.

Beware of AI startups outside of Silicon Valley. Be a little less wary of AI startups inside Silicon Valley.

LOL