Feig: AI Startups Raising at 100x–1,000x Multiples Will Face Failure and Layoffs
Gil Feig · "We Don't Trust Agents" - What This CTO Knows That You Don't · Sourcery with Molly O'Shea · Jun 1, 2026 · at 46:23
Gil Feig is the co-founder and CTO of Merge. He is discussing the disconnect between private market AI valuation multiples and real revenue fundamentals.
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“We know specifically, like we know the numbers, we know sales figures for some of these companies raising at Hundreds of millions to billions, and again, we're looking at thousand x to, you know, hundred to thousand x multipliers, like, a lot of these companies are gonna fail or they're gonna be doing well, but just not be able to raise their next round, and they're gonna be forced to massively lay off and slow down.”
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