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Michael Spencer's avatar

If you think of how AI startups accelerate revenue faster and probably disrupt each other faster, it sounds like a long-term cycle of expected returns might not be the best option.

I'm not sure the current system of how capital is being thrown at generative AI companies makes a lot of sense in the case of Thinking Machines or SSI. I mean I understand that OpenAI and Anthropic are like a duopoly now. And frankly it limits the trajectory of any serious startups in those domains capping the future.

Sorry a bit of a rant and not necessarily related to your key topic. But it's been on my mind that there is a disconnect here as well.

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Chris Tottman's avatar

We like your rants 💙

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Ivan Landabaso's avatar

Interesting

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Arthur Derderian's avatar

🥰❤️‍🔥

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Sangeet Paul Choudary's avatar

Nice!

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Arthur Derderian's avatar

🥰

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Chris Tottman's avatar

Multi factors as you say. What's interesting is if the Fund is a dud it'll get wrapped up. If there is at least 1 killer asset in the portfolio then it'll keep extending 📈

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Arthur Derderian's avatar

🤜🤛🥰

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Hugo Rauch's avatar

Great read!

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Ben Lang's avatar

👏👏

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Arthur Derderian's avatar

❤️‍🔥

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