I think the other element to think about as in investor is to just avoid the uncertainty in technology and focus on sectors/companies where disruption risk is lower and certainty is higher. Somehow I think Costco will be doing just fine with AI and without it.
Yeah, maybe empirical research through visiting operators from both small startups and legacy firms/companies is the best path forward. Which model & customer facing experience do they love? Which coding or agent platform does a pre-seed startup use and which AI for legal does Kravath love?
Physical buildout or deep integration into the world outside of Silicon Valley (more analog middle market companies) could be a great way to reduce churn and the leap frogging of vertical AI companies.
Production & infra is just hard for people who want to see rapid growth.
Capturing the market of the world outside of software & Silicon Valley is important too not just bc of TAM, but the bridge is not there. Like why do the frontier need MBB has a distribution layer.
Great write up. I think embracing uncertainty will be the floor for investors that survive, but the best will actually benefit from this disorder. What firms actually get stronger because of this ambiguity?
Agree with your thoughts, David.
I think the other element to think about as in investor is to just avoid the uncertainty in technology and focus on sectors/companies where disruption risk is lower and certainty is higher. Somehow I think Costco will be doing just fine with AI and without it.
Yeah, maybe empirical research through visiting operators from both small startups and legacy firms/companies is the best path forward. Which model & customer facing experience do they love? Which coding or agent platform does a pre-seed startup use and which AI for legal does Kravath love?
Physical buildout or deep integration into the world outside of Silicon Valley (more analog middle market companies) could be a great way to reduce churn and the leap frogging of vertical AI companies.
Production & infra is just hard for people who want to see rapid growth.
Capturing the market of the world outside of software & Silicon Valley is important too not just bc of TAM, but the bridge is not there. Like why do the frontier need MBB has a distribution layer.
Great write up. I think embracing uncertainty will be the floor for investors that survive, but the best will actually benefit from this disorder. What firms actually get stronger because of this ambiguity?