The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 18 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
AI Replacing Outsourced Business Processes Faces a Pricing Race to Bottom
“Some of the easiest things to sell AI products to today or automate are things that maybe have already been outsourced that business process organizations are doing already. And the interesting thing about that is they might actually have a real race to the bo…”
AI Models Will Eventually Automate and Replace Core Venture Capital Tasks
“I'm sure, over time, they'll replace plenty of what we do.”
Redpoint Ignores Current AI Gross Margins Because Model Costs Drop Over Time
“As we think about things, we're super focused on what's the end use case, and how powerful is that with AI, and a lot less focused on what are the gross margins affected today because these models just get cheaper and cheaper over time.”
Lemkin: Startup Growth Is Valued Up To 10x More Than Profitability
“For public companies, growth is still worth twice as much as profitability for startups. It's probably four to 10 times.”
Tunguz: AI algorithms are commoditized; startups must build proprietary datasets
“The algorithms themselves are not that innovative. They're not that close source. So you, we're going, the company that's going to really innovate is going to need its own data set to be able to train its own models.”
Tunguz: AI innovation alone fails without a strong go-to-market advantage
“A machine learning innovation, in, in and of itself, is not enough to generate substantial customer demand. It has to be able to change the go-to-market.”
Tunguz: AI will transform vertical SaaS at cloud computing scale
“The big theme about machine learning is, it's going to change the world of SAS because all of a sudden, it's not just, The machine learning innovations will happen in the core categories that we've seen in the past. Those horizontal companies selling to custom…”
The Bar for AI Product-Market Fit Has Risen Dramatically
“The bar for what product market fit and what an effective wedge looks like has gone up in AI because you've just seen explosive growth for companies when they do have them.”
AI Application Differentiation Mirrors Traditional SaaS Moats Like UX and Latency
“A lot of what differentiates these products is really the thousand little things that make one product delightful to use over another, so it's the UX that's way easier to use, it's latency that's way faster, so every time you're doing a review it comes back qu…”
Shipping Velocity Is the Most Important Factor for AI Startups
“Velocity is probably the most important thing we look for. The market just changes so fast, and it's both a race to build the sheer breadth of all the different things these models can do for end industries, but then also a race to, hey, a new model or new cap…”
Abridge Recently Raised a Series E at a $5.3 Billion Valuation
“Abridge, we co-led their Series C. They recently raised a Series E at 5.3 billion dollars.”
Only Two to Three Startups Break Out in Every Enterprise AI Category
“A common trend is that in, in any category we look at, there's really two to three of them that, that ride to the top, and they're providing a better user experience, they're scaling faster, and I think the reason is there's not a ton of tooling that exists fo…”
Redpoint Data: AI Startups Raise Larger Later-Stage Rounds at Higher Valuations
“We looked at data of all the kind of series B and C companies we'd looked at that were non AI and then AI. And as you can see, the AI companies, they're raising larger rounds. They're raising those rounds at higher prices.”
Coding, Customer Support, Legal, and Healthcare Lead Enterprise AI Product-Market Fit
“And so I'd say to date, the categories that feel like they've worked best are coding, customer support, legal, and healthcare.”
Tunguz: Google, Microsoft, and Amazon will dominate foundational AI APIs
“Google, Microsoft, Amazon, they will be releasing the APIs that lots of companies will be building on, competing with them. You may want to compete with them, but we will likely not invest in that because it's a very challenging go to market strategy.”
Tunguz: AI interfaces must set user expectations deliberately low to build trust
“What it really comes down to in order to get people comfortable with UI, particularly interactive UI, is being able to set the expectation of the user appropriately, and then and that means much lower than you think it typically ought to be. And then the secon…”
Redpoint Collapsed the Distinction Between AI and SaaS in Its Internal CRM
“For a while in our CRM, we used to distinguish between we're like AI companies and this one's a SaaS company and we've now collapsed that distinction.”
Zima: Omni raised from former Looker board members at First Round and Redpoint
“We have 20 folks on the dot. It's 16 in product and engineering, so very heavy on the build side. And that was intentional because we were fortunate to be able to raise a good amount of capital actually from two former Looker board members at a pair of VC firm…”