Silicon Valley investors say annual recurring revenue, a popular metric with AI startups, is unreliable because it lacks SEC definitions and can be inflated (Annie Bang/Bloomberg)

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Annie Bang / Bloomberg:
Silicon Valley investors say annual recurring revenue, a popular metric with AI startups, is unreliable because it lacks SEC definitions and can be inflated  —  The co-founder of Cluely — an Andreessen Horowitz-backed startup with the motto, “Cheat on everything” — ignited a controversy earlier …

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