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mlboss | 3 months ago

Most probably all VCs will go out of business as the cost of creating software companies approaches zero. The need to create an army of software developers is no longer needed.

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alephnerd|3 months ago

Not really.

In such a hypothetical world, it would actually be much easier for us to fund companies simply because now the only thing we are funding is just sales, demand gen, and projected compute.

We provide funding so businesses that are the right fit can scale out the functions that they need. In some cases it's expanding engineering, in other cases it's expanding sales and demand gen, and in other cases is to subsidize a major purchase such as cloud credits or GPUs.