My view is the AI boom will only accelerate and is a once in a lifetime transformation This is orthogonal to whether many AI companies should exit in next 12-18 months, as some may lack durability vs labs, new entrants, or weird market shifts businessinsider.com/ai-startup-fou…↗

It's a terrible idea to build a ~10 year VC fund strategy as a reaction to temporary market conditions. Yes; bifurcation, concentration, consensus, consolidation, stagnation... All valid observations, but they do not change the persistent reality of VC. - Greatness is idiosync…↗