Feb 28, 2024, 5:27 PM ETFireside Chat, Interview

We fund smart founders, irrespective of what they want to work on.

By Summer 2023, backed companies utilizing large language models are projected to comprise nearly 50% of the batch.
Public perception is anticipated to hold that approximately 90% of people believe the organization functions through an explicit AI funding thesis, driven by the assumption that AI companies receive easier admission due to organizational preference.
The batch composition is expected to emerge as a phenomenon reflecting the specific projects smart founders wish to pursue at the time.
Despite public expectations of a specific AI focus, the organization plans to fund smart founders regardless of their intended areas of work.