Investors have been putting billions of dollars into AI startups every year for several years now. But they’re focusing on the wrong type of play. The large number of AI startups they’ve been funding are building vertical solutions, often from scratch, putting themselves in competition with tech...

The technopreneur’s equity at exit will vary widely depending on the cash requirements of a particular kind of tech business, the capital efficiency of the business and the valuations that can be achieved. Snapchat co-founders Evan Spiegel and Robert Murphy owned a combined 37% of Snapchat bef...