
#51: Vinod Khosla on What to Build in AI
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Investing in AI: Real Venture Capitalists vs Asset Managers
The speaker believes that big companies will profit from AI technology, but criticizes asset managers for investing in AI solely for its popularity. They commend the person being talked to as a real venture capitalist who invests their own money, emphasizing the importance of caring about returns when investing with personal funds. The speaker, a seed investor, points out that they have never taken fees in the 20 years of their firm's existence, highlighting their commitment to investing in seed stage companies.
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