Jaeden Schaefer

I'm grabbing some quotes there and also grabbing some data from the overall industry that we're tying together in kind of this episode in this report.

But Aaron Holiday, he's a managing partner.

at 645 Ventures.

And he says that the category is still getting the most interest are AI native infrastructure.

So that's vertical SaaS built on proprietary data, systems of action that actually complete tasks and platforms embedded deeply into mission critical workflows.

So basically, in other words, products that own something really essential.

And there's a keyword I think he said in here that I 100% agree with.

And that is, he said, AI that actually completes something.

So I think there's a lot of this, a lot of these startups that were like, hey, look, we have like a SaaS, we have a tool, and then we stuck ChatGPT on top of it.

And you could chat with ChatGPT and it can give you like ideas about what you're looking at.

In my opinion, that's very, I mean, basically, that's just the original SaaS.

It's not super interesting.

It might give you like

some ideas or help you like troubleshoot or you don't need their customer support as much.

But what I'm talking about when I see AI and what I think a lot of these investors are looking for is AI that actually completes something.

In the past, maybe I had to manually write a title and description for my podcast and

And today, AI can grab the transcripts of the audio file and do that for me.

And if that's actually like accomplishing something for me, it's useful.

Whereas if it was just like, I don't know, a chat bar on the side where it's like, you know, ask me what would be a good description for this.

Type in your title and I'll give you some ideas like that is not useful.