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Where are investors placing their bets next year? AI, AI, AI. [TechCrunch]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Nina Achadjian from Index, Jerry Chen from Greylock and Peter Deng from Felicis, all spoke about the latest obsession in venture capital and how startups can stand out in a quickly crowding market. The environment is moving fast, Achadjian told the crowd, and companies are experiencing unprecedented growth. “We spend an enormous, enormous amount of time really assessing the entrepreneur and how resilient they will be able to be in a moment where things are just rapidly changing,” Achadjian said. Now more than ever, founders have to lean into showing their passion, domain expertise, and remain honest about their product market fit, she said. “There is so much demand from enterprise companies to try the latest and greatest AI, sometimes there's false positives of product market fit,” she explained, “and you can get a lot of revenue with not having true ROI,” meaning customers who are getting their return on investment. That leads another consideration VCs are looking for: an abil
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