Warren Packard: Since you’re pointing out that by Series C and Series D, there’s a declining ownership. Of course, there is always a declining ownership in the company, but maybe, perhaps too little remaining for a founder.
One of the great things I see about AI is the ability for a founding team to build and get to get further faster with less.
>>>David Evans, Managing Partner at Sentiero Ventures, discusses his firm’s AI investment thesis.
Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | Google Play | Stitcher | TuneIn | RSS
Sramana Mitra: Let me point out a couple of things that I’m hearing here that are going to be really interesting for our audience. Number one is, AI is calling to question pricing in enterprise software right now in a big way, right?
>>>Sramana Mitra: Interesting. It’s actually highlighted a lot of points that you are willing to cross geographies, which I was going to ask you about anyway.
Let’s do a couple more case studies.
>>>Sramana Mitra: So, talk about some case studies of problems that you have chosen to double click down on and run this process on.
>>>Sramana Mitra: So, the obvious question that stems out of what you described is, how do you identify or qualify the founder who’s fit for this kind of a model?
>>>Warren Packard, Partner at AI Fund, discusses his firm’s investment thesis. Instead of founders pitching, the AI Fund operates as a Venture Studio and recruits repeat entrepreneurs with domain knowledge to build ventures based on their ideas.
>>>Sramana Mitra: So, Lisa, what are you seeing in your deal flow? You are obviously soliciting AI ventures, robotics ventures, Vertical AI ventures, and maybe some other things as well. What trends are you picking up from the deal flow?
>>>