Services are the topic du jour in venture today. Tech companies are moving from systems of records to systems of action. Systems of action exist in three states 1) sold as software to the buyer, buyer touches the software to support their own workflow 2) sold as an outsourced

Incredible opportunity ahead for builders and investors alike, main & recurring question is almost always defensibility

Fundamentally still early

There are 72,585 publicly traded companies, 1,367 (1.9%) of them are at $10 billion or more of revenue, 451 (0.6%) of them are in the US. Incredible milestone and achievement, but also begs two questions 1) when should OpenAI go public? 2) what is the pathway to doing so given

AI code gen is driving massive productivity gains, and creating massive challenges simultaneously. Those challenges represent incredible opportunities just waiting to be solved. In his keynote from the 2025 FirstMark CTO Summit, David Waltcher breaks down how AI is reshaping

Sharing our views FirstMark on the future of healthcare - huge opportunity for startups, and it's only the beginning.

The robots are coming

I think that developing a reflexive AI habit is probably the single best thing any working professional can do right now. We're all still breaking the reflexive internet habits of scrolling, searching, etc. and we now have a technology platform in LLMs that is distinctly

If soham immediately comes clean and says he was working to train an AI Agent for knowledge work, he raises at $100M pre by the weekend.

Two interesting quotes: 1) From The Generalist article on Founders Fund & Peter Thiel's viewpoint of the world in 2010 "The next decade is going to be about venture capital. Companies are going to be staying private longer, and more of that value is going to be captured on

I sent the following message to our team and investors: — As you know, Daniel Gross’s time with us has been winding down, and as of June 29 he is officially no longer a part of SSI. We are grateful for his early contributions to the company and wish him well in his next

A once in a generation opportunity is on the field - great listen fellas!

There is a huge argument that retail investors should have the same access to these types of rounds - it’s a buyer beware scenario where data is sparse and so is access to management. There’s no way you get full insight into the business in this type of round and the only

“Prompt to X” is going to be fascinating category that evolves over the next 10 years. As long as data is accessible, it doesn’t even need to be centralized, just accessible - we’re going to see an entirely new forms of user behavior emerge. Some ideas: - Prompt to trade -

Incredible company building anecdote

The startup fundraising market is clearest I've seen in my 13yrs of tech investing - major funds only interested in 2 things: 1/ AI native co's w/ demonstrable momentum, rounds are big $; and 2/ seeds for outlier teams. That's it. Anything else encounters fundraising fiction.

Welcome to “how can I make the Figma IPO about me” day to all of us VCs who celebrate.

Figma just justified modern day VC fund sizes

So GDP is only growing because of AI capex. The labor market is only growing because of health care spending and social assistance—the latter being a lot of home aides and administrators economic growth right now is basically a Friday church service: just old people + trying to

If you were a great software engineer pre-LLM’s, you need to evolve to maintain that greatness. Switch from being an actor to a director. Cast, shoot, re-shoot, and edit. If you’re still trying to be the star actor, you’re cooked. You’re not gonna beat the LLM’s.