The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch 20VC: Why Most AI Investments Will Do Worse than the S&P 500 | Why Early Stage VC is F******* | The Danger of Kamala Harris and Why Trump and Vance are Best | Freedom of Speech, Censorship and Government Control with Eoghan McCabe @ Intercom
75 snips
Oct 11, 2024 
Eoghan McCabe, Co-founder and CEO of Intercom, dives into the limitations of AI investments and why they may underperform against the S&P 500. He argues that the early-stage venture landscape is challenging and discusses the differences between founder and manager mindsets. McCabe also shares his political views, warning that a Kamala Harris administration could threaten individual freedoms, while suggesting Trump may restore them. Additionally, he emphasizes the importance of navigating freedom of speech amid censorship in today's climate.
AI Snips
Chapters
Books
Transcript
Episode notes
AI's Impact on Software
- AI will eventually automate software experiences, but adoption takes time.
- Eoghan McCabe believes Intercom has a decade or more before being significantly impacted.
Building Effective AI Agents
- Domain-specific AI systems require significant work beyond using LLMs.
- Intercom's AI agent, Finn, utilizes multiple LLMs, patented components, and prompt engineering.
Identifying Valuable AI Businesses
- Focus on usage and retention to determine valuable AI businesses.
- Excitement-driven revenue is different from sustainable revenue from customers changing their workflows.
