The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Benchmark's Eric Vishria on Where is the Value in AI: Chips, Models or Apps | Why Nvidia Will Not Be The Only Game in Town | The Commoditisation of Foundation Models | Which AI Apps Have Sustaining Value vs Hype and Short Term Revenue
Eric Vishria
What I think is lost in time is Google didn't figure out the monetization. Of course, they did it through an acquisition. They didn't actually figure it out themselves. They didn't figure out the monetization of search until 2001, I think, or late 2000. And so we had... Five or six years of these search engines, which anybody at that time was using them every day.
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