Matt Turck, Managing Director at FirstMark Capital, discusses AI startup strategy and argues that early-stage founders should target vertical domain applications to avoid direct competition with tech giants.
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“I think there's going to be a whole range of interesting and compelling AI vertical applications, and the X.ai that you mentioned is certainly one of them, and certainly at the forefront of that trend is a rare opportunity to become a category-defining company, but I think one needs to be very careful in, in how they think about it.”
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