Bad business advice is prevalent, yet a recent report from Mercury reveals that many startups are thriving despite common myths. Key findings show that most companies adopting AI are increasing hiring, self-funding is the primary funding source, and many founders express optimism about their financial outlook. The article also discusses the trend of startups investing in other startups, exemplified by Vercel Ventures, and questions whether this behavior indicates peak bubble behavior or strategic business development.

The article explores the landscape of AI venture capital, focusing on the investment trends and opportunities within the AI sector. It highlights the challenges and potential rewards for investors looking to capitalize on the growing importance of artificial intelligence in various industries.