I worry that nearly all startups and software/design companies will get wiped out by AI that can simply clone their product -- it's difficult to maintain high margins or ACV when faced with infinite competition How will your startup survive? Is it even possible?

In January 2015, Google and Fidelity wrote a combined $1 billion check for roughly 10% of SpaceX. The company was valued at $12 billion. Google’s portion: approximately $900 million for 7.4%. At the time, SpaceX had just successfully landed a Falcon 9 first stage for the first

Alysha's passion is infectious. She could make you see the world through her eyes, and in her eyes, China is a beautiful nation and has direction for our future. If you are a founder or VC building in hardware and deeptech, this conversation is a must-read. AML 👇

Zach DeWitt I would guess none of these were consensus, but companies no other VC wanted to even seriously consider. alphanome.ai/post/the-map-i…

i am sticking to hardtech over deeptech :) continue to believe this is the right framing.

ambition and happiness don’t go together in our modern world but they can if you have the will to design it

🎯🎯🎯

an LP who came inbound said our pre-seed fund deck had a lot about winners but not enough about losers and loss ratio. i gave him the loss ratio (was/is low) but explained him why, at pre-seed, we must focus on upside maximization only and not downside protection etc and then

founders who didn’t write early in their company building journey but now are writing more are likely to be doing well or very very well.

annual reminder to not waste time networking

also why your fund raising is so hard.

HUL of ConsumerTech

this will *also* happen: a lot of indian founders will move to SF to build AI companies to realise that they don't really truly understand that market and culture enough and might be better off building back in india where they understand the market and the user deeply and

this is indeed a big deal and creating an unique opportunity. a long conversation this morning with a consumertech founder revolved literally around this: poor to middle-class transition of hundred of millions and how/what to build for them.

good piece.

spot on. been true forever... pre-AI too.

you do see this happening if you pay attention. LLMs are not intelligent and mostly tell you what you want to hear.