Uploaded July 2026 | Updated September 2026, 2 weeks ago
Aileen Lee has never seen anything like this: newly founded startups raising $20M only to spend half of it on tokens. But she predicts that with more and better open-source models, token prices will drop. The days of raising $20M just to cover token costs are numbered.
Especially considering that every product already has 10-20 competitors.
Aileen Lee has never seen anything like this: newly founded startups raising $20M only to spend half of it on tokens. But she predicts that with more and better open-source models, token prices will drop. The days of raising $20M just to cover token costs are numbered.
Especially considering that every product already has 10-20 competitors.
