Venture capital financingAI Startups Are Selling the Same Equity at Two Different Prices. Here Is What That Means for You.PitchBook reports that 'tranche rounds' are letting investors buy into the same AI funding round at different valuations. The headline number you read in the news may not be the price anyone actually paid.AI Startup FundingVenture CapitalPitchBookStartup ValuationShip It·Jun 19, 2026·5 min readRead the story