person

Eno Reyes

Co-founder of Factory, the San Francisco AI software development company.

Current clusters

invest2 publishers

Factory's $5B lands at about a tenth of Cognition's mark from seven days earlier

Two companies selling AI agents to enterprise engineering teams took in at least $2.2 billion of new equity within seven days, each selling about 4 percent of itself, and only one of the two prices has a revenue multiple attached.

Publishers:cryptopolitan.commorningstar.com

Reality

Evidence55
Adoption45
Hype gap+35
Incentives70
Confidence55

invest1 publisher

Factory adds $3.5B of valuation on $200M of new money in five months

Blackstone, Khosla and Sequoia backed a $200M round pricing Factory at $5B, five months after a $150M round at $1.5B, and the volume figure the company put behind it is a count of developers, not dollars.

Publishers:ventureburn.com

Reality

Evidence30
Adoption45
Hype gap+40
Incentives70
Confidence38