AI is changing the VC/Startup landscape in a big way.
AI is changing the VC/startup landscape. 1 to 2 years ago, founders in the seed/pre-seed stage would come to Ollin Ventures looking to raise $1M. Today, thanks to AI, founders are finding they can accomplish the same objectives in their business with $400K. This is having a massive impact and in fact, was recently mentioned by Jason Calacanis on the All-In podcast. What this means for founders and VC’s, is significantly less dilution. For VC’s, instead of writing 20, $1M checks out of a $20M fund, we can write 50, $400k checks. This dramatically increases both diversification and potential opportunities for success. Ollin Ventures Thomas Wilkinson
Finding builders alike for my next project.
2moAgreed! And we need to talk about what I'm working on...