Olteanu: AI foundational models will commoditize like compute power
Oana Olteanu · Oana Olteanu: Why Founders Should Expect More From Their VCs | 20VC #950 · 20VC with Harry Stebbings · Nov 19, 2022 · at 35:04
SignalFire Partner Oana Olteanu shares her contrarian thesis on artificial intelligence value capture on 20VC with Harry Stebbings.
0:00 / 0:09exact quote · 9.1s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Foundational models. I think they will get commoditized like compute, and I think the companies who deliver the last mile will be the ones to capture most value.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Oana Olteanu
Olteanu: There is no excuse for all-white male VC associate classes
“I will call out if a VC takes credit for a founder or if they announce their newest associate bench, which is all white five, you know, five white males. I think it's 20, 22 and there is no excuse to hire only like that.”
Olteanu: Founders should expect more from VCs than just doing no harm
“Right now, many founders will tell you that if a VC is not harmful to the company, that's already a success. And I say the expectations should be higher from founders because while a VC cannot play the chess game for you and move the pieces. They have seen a l…”
Olteanu: Constant self-promotion by new VCs spreads misinformation to founders
“I think a lot of VCs who recently joined the industry they take this common approach of constant self-promotion. And that erodes the mind and spreads misinformation among the founders.”
Olteanu: 'Schrödinger's VCs' promise help but add no value post-investment
“Schrodinger's VC is what I call a VC who preaches a lot of help, especially before winning a deal. But then if you ask the founders, they will tell you they added no value.”
Olteanu: Founder-to-founder advice always beats VC advice
“Founder to founder talk always beats VC talk.”
Olteanu: VCs taking credit for founders' work is a major red flag
“A positive sign would be them walking you through their entire portfolio, and especially how they serve the founders when things were not going so well. A negative sign would be Them taking credit for the founders work, and there's nothing more sinister than t…”