Keith Rabois
speaker
761 appearances
1 recordings
1 series
first heard Mar 2025
last heard Mar 2025
Keith Rabois’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
But then the AI founders at the foundation level like have really good reasons why it's like I actually need to spend thirty million dollars or I can't get
This milestone.
And so we definitely have to think about it.
And therefore, we have written a lot of those checks in AI.
But then what happens, I think there's a distortion at the application layer is they read about their call, you know, their competitors or colleagues or whatever friends running these AI companies, like I should get that valuation too.
And so they walk in, like, I want 50 million dollars because so-and-so over here.
But they're very different businesses, even though they both have the label AI on them.
In the history of venture capital, there's usually these three year windows where that's true.
Like the first three years of the internet, the there are there are windows where that's true, but over 50, 60 years, that's usually not true.
So then the art is knowing the valuation your entry price really matters.
So you need to be right, but you also need to get paid correctly for the risk you're taking on.
And so the problem is if you treat all AI companies like their foundational model companies or robotics.
or something.
Even if you pick a really good company in a vertical
It might not
you yeah, you may not make that much money.
Like you enter at 400 million, it's a two billion dollar company.
You know, that's not terrible, but it's not gonna return it's not gonna return a meaning.
It's not gonna really return a fund.
Yeah.
Showing 461–480 of 761 · page 24 of 39
← Previous
Next →