1Mby1M AI Investor Forum: Shripati Acharya, Managing Partner at Priven Advisors (Part 3)

Sramana Mitra: Interesting. My thesis also is that the defensible businesses are domain knowledge heavy in AI. The layers of abstraction to some extent are already in place, and there’s going to be more. Just to give you a feel for my framework, I look a lot at the parallel with the cloud computing infrastructure that came about over time.

1Mby1M AI Investor Forum: Shripati Acharya, Managing Partner at Priven Advisors (Part 2)

Sramana Mitra: I think what you’re saying is, the entrepreneur team’s domain knowledge is really what you’re putting the premium on to build something that is intense in workflow or domain-related value add. The AI is an enabler of that value add but not the critical piece. The AI technology itself is not the big enabler.

1Mby1M AI Investor Forum: Shripati Acharya, Managing Partner at Priven Advisors (Part 1)

Shripati Acharya, Managing Partner at Priven Advisors, discusses his firm’s AI Investment Thesis. We have a very strategic discussion on SaaS, Marketplaces and Agentic AI.

1Mby1M AI Investor Forum: David Hornik, Lobby Capital (Part 7)

Sramana Mitra: So Dave, last question before we go to the pitches. What have you invested in along these lines that you’re really excited about and that you are okay with talking about?

David Hornik: There are a couple. We have invested in a company called Stack AI. These agents are going to allow for real innovation and solutions for folks who have a certain domain expertise, but they don’t have the AI expertise. What Stack has done is create sort of the Zapier of AI.

1Mby1M AI Investor Forum: David Hornik, Lobby Capital (Part 6)

Sramana Mitra: Yes. With your venture capitalist hat on, I will also present another angle to how to think about this; partly because of the audience that we cater to, which includes these small entrepreneurs who are not necessarily thinking about venture capital.

1Mby1M AI Investor Forum: David Hornik, Lobby Capital (Part 5)

Sramana Mitra: I was also thinking about agentic AI in comparison to two massive trends that we have gone through – e-commerce and Software as a Service (SaaS).

1Mby1M AI Investor Forum: David Hornik, Lobby Capital (Part 3)

Sramana Mitra: Okay. Let me push you on that a little bit. This is great, by the way. This is exactly what I want our audience to go through. So, let’s take the example of AI enabled drug discovery. It’s one of the most promising areas in my view. It’s what excites me the most, actually.

1Mby1M AI Investor Forum: David Hornik, Lobby Capital (Part 2)

Sramana Mitra: There’s one question that I want to ask you. I agree with everything you said. AI is making everything easier and cheaper to build, except perhaps marketing, because the market is going to become noisier.