Sramana Mitra: Earlier you said you wanted to discuss how venture capital is changing. We have a little time, so I want to explore that. There’s a point of view circulating that even though venture capital is focused on vertical AI right now, AGI could make vertical AI irrelevant. And if AGI arrives during the
Sramana Mitra: Another important point: the probability of building a true unicorn—not an artificial one inflated with liquidation preferences—is extremely low. Many overfunded companies become “zombiecorns” or fail due to overfunding.
Sramana Mitra: Great. That clarifies things. Now, let’s talk about AI. What’s happening? What are you seeing? What are you investing in? What do you like to invest in?
Sramana Mitra: I would like to hear a bit about some case studies of companies you have invested in following this investment thesis you just described. And what have you learned? Why are they choosing you, and what value are you adding? How are you playing this investment thesis out?
Daniel Ibri is Co-founder and Managing Partner at Mindset Ventures. This is an excellent discussion about the changing dynamics of AI and venture capital.
Daniel Ibri is Co-founder and Managing Partner at Mindset Ventures. This is an excellent discussion about the changing dynamics of AI and venture capital.
In case you missed it, you can listen to the recording here:
Sramana Mitra: What is the scale of the consumer internet population right now in Brazil? Daniel Ibri: We have passed the mark of more than a smartphone per person. That shows you that a huge number of the population is connected. We have very good broadband in most of the country. A lot of people