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
He told me a version of that on one of the first investments I looked at at Benchmark in 2014, summer of 2014. The discussion was like, well, could you do it at 40 or 60 or whatever? It's like some price. I was like, well, I'd do it at 40 and not 60. And he's like, no. No. That doesn't work. No, it can't do that.
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