Narayan Chowdhury

And so it gives them the opportunity.

And so there's a capital offering that has been abandoned.

There's a vacuum for some of these groups to come into.

But otherwise, yeah, the repeat founder is something that I'd say most VCs, it feels fairly orthodox.

Well, not on the venture side, but the thing that I'm pretty convinced about, and mostly because I've been building software with it, two things are happening right now.

The ability to build and the ability or the willingness for buyers to think about

or think about swapping incumbents, I think are both at all times high, which is a very exciting space for venture.

I don't know if I've been clear about that.

Meaning like a small team, this is sort of dumb and obvious, a small team in less time is getting a lot done.

Great.

But complimentary to that, buyers are saying, I think more than ever,

I'm willing to consider swapping out big iron for something new because the offering is so different, right?

The utility from these agentic, this class of software is so different.

Yeah.

So like willingness to change plus ability to change are, so I'm definitely convinced that amazing value is going to be turned over.

Well, I look forward to having more questions and queries with you anytime.

That's it for today's episode of How I Invest.