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
Harry Stebbings
So I was talking to my, my partner the other day who comes out of DST. And so he's like trained on like gross margin and like real numbers guy. And he's like, oh, the gross margin of 3 million in ARR. And I'm like, dude, no one gives a fuck. No one gives a fuck. It's 3 million in ARR. The gross margin in 10 years, I've got no idea what it'll be like.
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