The way people price, given what's happening on the underlying Cog's layer, is going to have to evolve quickly. This isn't really weird time in venture and startup investing; we just came off this 15 year boom with lots of mini booms building it all up to a huge deflation that happened violently and rapidly. And now here we are with another. It's very disorienting. Or at least I find it very dis orienting. There's a level of schizophrenia for lack of a better word where you're pivoting between situations where companies may have been struggling to sell because sales cycles have gotten much worse or financing issues. The SUV crisis didn't do anything for the good
How do you build defensible business value in an era when, as AngelList CEO Avlok Kohli said on our last ACQ2 episode, the “cost of intelligence is going to zero”? Longtime friend of the show Jake Saper and his partners at Emergence Capital have been refining their thesis for this brave new world of Generative AI in B2B, and we sit down with him to discuss. We cover topics including:
- When do exactly correct answers matter, and when do they not?
- When are human-in-the-loop systems necessary?
- When do startups have an advantage vs. incumbents, and vice-versa?
- Where can companies capture value on a durable basis?
- When do you need proprietary data in order to be defensible?
Whether you’re building or investing in existing businesses from the “pre-AI” era or brand new startups that are native to GPT, this episode has plenty of takeaways you should consider. Tune in!
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