Accel and Sequoia check whether their portfolio companies in India and SE Asia are exposed to AI disruption; 75%+ of Sequoia India's new deals are AI related
Global investors at the world's largest venture capital firms including Accel and Sequoia Capital India are asking their portfolio companies … Tweets: @pkedrosky , @saritharai , and @pkedrosky Tweets: Paul Kedrosky / @pkedrosky : Weird Bloomberg piece out on how various venture firms are “scouring” their portfolios for “AI risk”. Que? First, whose idea was it to go along with a Bloomberg journalist's query, “Hey, your portfolio seems kinda eff-ed. Let's talk!” Saritha Rai / @saritharai : AI risk: Venture capital giants are scouring startup portfolios to identify big winners and at-risk business models. Generative AI is consuming the attention of investors, founders and enterprises these days Via @business @technology w/ @villeheiskanen https://www.bloomberg.com/... [image] Paul Kedrosky / @pkedrosky : Second, it is dully predictable that the piece transitions quickly into VC chest-beating about their many AI investments and their weekly Sunday morning “Bro, Let's Learn AI!” partner meetings. https://www.bloomberg.com/...