Wagner: Wing Avoids Investing in High-Priced LLM Development Shops
Peter Wagner · Peter Wagner: 27 Years of Investing Lessons of Picking Founders, Price Discipline & Reserve | E1123 · 20VC with Harry Stebbings · Mar 6, 2024 · at 5:46
Peter Wagner, founding partner of Wing Venture Capital, explains Wing's strategy for investing in AI while avoiding frothy, highly valued LLM foundation model startups.
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“Where we haven't been investing is the super capital intensive very, very high priced you know, sort of LLM development shops or other, you know, other sorts of similar projects.”
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