Hemant Taneja

Our aspirations in venture capital is to be the best seed firm in the world.

The decisions we're making, the companies we're building are going to impact the world for centuries to come.

Yeah.

So look, the world has completely changed, right?

We've often said this is peak ambiguity.

You have massive geopolitical change.

You have an incredible amount of change around every country trying to drive strategic autonomy in different industries.

And all those dynamics keep changing.

Alliances, the new world order, everything.

And underneath that, our tool of implementation is technology.

That keeps changing.

So what the technologies can build today versus what the LLMs could do, let's say, two years ago, or November 22, let's say, when ChatGPT came about, is fundamentally different.

So what are you building towards as to what the world's going to look like so you can have enduring value?

And then what are you building with

where the technologies you're using aren't going to up so less and and destroy your value proposition over time it's just all kinds of change and so it's a really dynamic time and the other thing you will see is you know we invested in stripe in 2010 it became a you know 100 billion dollar company let's say 12 13 years later you look at anthropic

which we're also investors in, that goes from $60 billion last year to a couple hundred billion dollars.

And by the way, with good economic progress, these are not pie-in-the-sky valuations.

They're based on actual growth of the business.

Well, that goes back to your point, which is the compression of how fast value can create when code self-writes and access to distributions change.

So fundamentally, it's just really exciting.