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Joined 1 year ago
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Cake day: June 11th, 2023

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  • The good old days when VCs could thrive by adopting a “spray and pray” investment strategy and counting on a surging market to lift all valuations are over — even when it comes to AI. Investors are going to have to make smart, discrete bets in a time of technological turmoil and in a highly unpredictable world. But that, after all, is their job.

    None of that is very flattering. Sounds like the entire investment / venture capital industry itself should be replaced entirely by AI.