a16z GP Anish Acharya says three years ago, ideas were too

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a16z GP Anish Acharya says three years ago, ideas were too ambitious. Today, they're too small. "In the old days, which is three years ago, we would see a company, and if what they were trying to do was too ambitious, we would not engage. Just too crazy, too complex." "Implied by that is you wouldn't do a $100 million seed because it's too much money for almost any problem. It's too much money for any person to actually manage... It doesn't make sense as an inception round." "Today we're…

Lenny Rachitsky@lennysan5d ago

The "permanent underclass" is a dark fantasy Silicon Valley keeps telling itself. @illscience (GP at @a16z) points out that by almost every measure, things have never been better, and the job-loss story hasn’t played out as people thought. Radiologists have been “cooked” for 20 years and demand keeps rising. Open engineering roles are at all-time highs. And unlike the mobile era’s winner-take-all markets, every layer of the AI stack has ~20 strong competitors. We discuss: 🔸 Why you don’t need to be chronically online to keep up 🔸 The "/loop make me happier" opportunity in AI 🔸 Why every company is becoming a series of loops 🔸 Why moats are discovered, not designed 🔸 What's the Birkin bag version of your product? Listen now 👇 https://www.youtube.com/watch?v=LdIyXiq2DTY

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