Startup Valuation

The Failed $2B Meta Deal Wasn’t an Injury. It Was a $4B Windfall.

If you’re building in AI, the fear of being crushed by model giants is real. Yet, capital just doubled Manus’s valuation to $4B after a failed Meta acquisition. Why? Because a smarter model doesn’t automatically build a better product. The real money is in owning the workflow, not the parameters.