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AI SaaS Leader Moveworks Sells for $2.85 Billion. But Do Most of Their Investors Make Any Money?

  • AI support/agent leader Moveworks has been acquired by ServiceNow for $2.85 billion.
  • The $200 million raised in Moveworks' last funding round will likely only result in breaking even for investors.
  • Earlier stage investors will make money, but most of the last funding round's capital won't see any profit.
  • While the acquisition is impressive, it highlights the challenge of making money at the growth stage.

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