Thesis4 min read
Stronger or erased
The only question worth asking about an AI company: when the next model ships, does it compound, or does it disappear?
Insights
How we think about where AI value accrues, written as we underwrite it.
The only question worth asking about an AI company: when the next model ships, does it compound, or does it disappear?
Insights
Where AI value accrues, as we underwrite it. No noise.