20VC: Why To Win in AI, Investors Need to Change Their Approach | Why VC is Run by Principals and Associates and is a Broken System | The Bull Case for Anthropic & Whether Deepseek Changes Their Strategy with Nabeel Hyatt @ Spark Capital

2738.2 - 2758.704 Nabeel Hyatt

It's when the behavior has changed slightly. The good example of this is in the mobile era is Instagram, where you're suddenly doing a different behavior than you used to when you think about Flickr or prior photo websites. It's a new behavior that is native to that medium. This can be done by incumbents and by startups, by the way. Like sometimes a really fast moving startup will do it.