A new AI focused fund?
The other day I passed by this one Tweet, and could not stop myself from laughing at how accurately it depicts where things are:
I bring this up to highlight that there is very little information to go off for most VCs when it comes to AI investments. So everyone right now is doing one of two things:
Trusting another VC
Employing Interns/Associates/Analysts to make sense of metrics
Basically, both types are trusting someone else’s judgement. And since AI is a very new domain, there is a bias like never before to employ young analysts who chase Vanity Metrics (e.g. “IOI gold medals” and github stars).
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