Somak
@somakc
VC, Managing Partner, Armory Square Ventures. Passionate upstate NYer. Investments include: @ACVauctions @get_bento @helloHeretto Clerio @storyslab @ucm_now
ID: 22196405
27-02-2009 21:58:07
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.Thoma Bravo is predicting overall software spend will from from 2.0% of GDP in 2020 to 4.0% by 2030, driven by AI We'll see, but it is what we are all feeling Morgan Stanely said ~50% of AI spend is net new budget If that trend continues, we are just entering the start of a
Look, Thomas Massie is brilliant. The guy programmed by himself a gadget with a running tally of our national debt. Maybe it's b/c he went to MIT with meritocratic admissions & no donor or alumni legacy. Let's not have DC mess MIT up.
Kudos to Rick Zullo and the Equal Ventures team for an awesome Emerging Manager Summit. At a time when we see so many transactional folks in VC/LP land, it is refreshing to be reminded that many people in our industry still pay it forward and play the long game…
More people voted in New York City’s election this year than they have in 50 years. That’s a win for democracy, and a testament to Zohran Kwame Mamdani's inspiring campaign. Congratulations to the next mayor of the greatest city in the world. 🗽