One of our AI enabled internal projects is moving ~135 faster than before. Of course you can't perfectly compare. New framework, better insights, updated libraries etc.
If you end up finishing it in 6 months, are you going to revise that estimate, or celebrate the fact that you don't need to wait until 2092 to use the project?
I run a professional services org that helps you switch to an open source alternative. We'll host the solution for you if you want and aim to be drop-in Fivetran compatible in your workflows with a transition plan so you can run the thing if you'd like. Pricing is flexible. Personal email in profile.
Your CEO is correct that ~80% of VC funding is currently focused on AI. So you have only 2 options basically. You either don't raise VC funding (which means hitting break even, rule of 40% performance). Or, you go all in on AI
If it's not an AI story for your business you need exceptional metrics. Like growing from 8M to 24M in a year for a C round.
it's an aggressive preemptive round, so i'd guess 2b/50 = 40M of revenue. Probably low margins since the free tier/ hosting postgres nature of the business.