I strongly resonate with your bottom line and, with your permission, would like to offer a few reflections:
1. Horizon 3 Implications: If everyone gains access to 'continuous identification of market opportunities', how do you envision the evolution of competitive advantages built upon these AI tools? I'm particularly interested in your perspective on the types of competitive edges that could emerge in this landscape.
2. Flow and Tool Development: I appreciate your clear breakdown of the workflow at 71 Capital. From my interactions within the VC industry, I notice significant investments by firms such as Bessemer, NFX, and A16Z into advanced tools, while others persist with notably inferior solutions (and outcomes). Given that building a basic AI-driven flow (0 to 75% completion) is relatively straightforward today, the final 75%->100% demands significant investment. Achieving high accuracy, speed, novelty of insights, maintainability, and explainability is both critical and challenging. However, many VCs seem hesitant to commit to this depth of development, potentially limiting their ability to secure subsequent funds. Do you agree? Am I far off?
Consolidation is the new norm after every revolution, meaning that everyone is looking for a ready-made tool for the flow you mentioned. After all, most, if not all VCs have the same needs. I strongly believe there is a significant opportunity there.
I strongly resonate with your bottom line and, with your permission, would like to offer a few reflections:
1. Horizon 3 Implications: If everyone gains access to 'continuous identification of market opportunities', how do you envision the evolution of competitive advantages built upon these AI tools? I'm particularly interested in your perspective on the types of competitive edges that could emerge in this landscape.
2. Flow and Tool Development: I appreciate your clear breakdown of the workflow at 71 Capital. From my interactions within the VC industry, I notice significant investments by firms such as Bessemer, NFX, and A16Z into advanced tools, while others persist with notably inferior solutions (and outcomes). Given that building a basic AI-driven flow (0 to 75% completion) is relatively straightforward today, the final 75%->100% demands significant investment. Achieving high accuracy, speed, novelty of insights, maintainability, and explainability is both critical and challenging. However, many VCs seem hesitant to commit to this depth of development, potentially limiting their ability to secure subsequent funds. Do you agree? Am I far off?
Consolidation is the new norm after every revolution, meaning that everyone is looking for a ready-made tool for the flow you mentioned. After all, most, if not all VCs have the same needs. I strongly believe there is a significant opportunity there.