Amazon

“"$50K into the ~$1M angel round." — Amazon early Madrona portfolio company”

“A failed Claude-powered project that spent $1.8 million — 860% over budget — and went undetected for five months, prompting the company to build automated spending guardrails”

“By the middle of June, the trackers had logged between 150,000 and 184,000 tech jobs cut in 2026, depending on whose methodology you trust... This year is running closer to a thousand cuts every working day, and the first quarter alone was the worst since early 2023. The reason given, again and again, is artificial intelligence.”