Harry Stebbings

Do you engage in secondary markets actively? No. Why not? With the huge influx of like private late stage capital and the continuing delays of public markets, we need liquidity. At some point you have to deliver cash to your investors. I do too. Do you not think that becomes an ever more important part of our role?

Do you engage in secondary markets actively? No. Why not? With the huge influx of like private late stage capital and the continuing delays of public markets, we need liquidity. At some point you have to deliver cash to your investors. I do too. Do you not think that becomes an ever more important part of our role?

When we think about AI companies specifically, you said to me before, and I love this, there's three categories of AI startups. Yeah. I love, like, a framework.

When we think about AI companies specifically, you said to me before, and I love this, there's three categories of AI startups. Yeah. I love, like, a framework.

When we think about AI companies specifically, you said to me before, and I love this, there's three categories of AI startups. Yeah. I love, like, a framework.

But we're not in the age of frameworks anymore, guys, just remember that. Says the guy with three categories of AI startups, just saying.

But we're not in the age of frameworks anymore, guys, just remember that. Says the guy with three categories of AI startups, just saying.

But we're not in the age of frameworks anymore, guys, just remember that. Says the guy with three categories of AI startups, just saying.

And then I'm with you. Lenses works well for me. But what is the three categories of AI startups and how should we think about that?

And then I'm with you. Lenses works well for me. But what is the three categories of AI startups and how should we think about that?

And then I'm with you. Lenses works well for me. But what is the three categories of AI startups and how should we think about that?

Where do we have the most and where do we have the least?

Where do we have the most and where do we have the least?

Where do we have the most and where do we have the least?

When we think about value accrual in the new landscape, Kyle at the Bot Company said that, Buntly, you've hedged this, and you have bets in foundation models and models, and then you also have bets in application layer.

When we think about value accrual in the new landscape, Kyle at the Bot Company said that, Buntly, you've hedged this, and you have bets in foundation models and models, and then you also have bets in application layer.

When we think about value accrual in the new landscape, Kyle at the Bot Company said that, Buntly, you've hedged this, and you have bets in foundation models and models, and then you also have bets in application layer.

How do you think about where sustainable value accrues? And the GPT wrapper, oh, there's no value in application thin layer,

How do you think about where sustainable value accrues? And the GPT wrapper, oh, there's no value in application thin layer,

How do you think about where sustainable value accrues? And the GPT wrapper, oh, there's no value in application thin layer,