20VC: Kleiner Perkins' Mamoon Hamid on Investing Lessons from Leading Rounds in Figma, Slack and Rippling | Lessons Building a Generational Defining Firm with Kleiner Perkins | AI: Where Value Accrues, Startups vs Incumbents & Scaling Laws
In this podcast episode, we explore the changing world of AI venture capital, highlighting both the challenges and opportunities that come with current spending trends and the focus on application-layer companies. We stress the importance of keeping valuations sensible, the potential of customized AI solutions, and discuss models like LLMs. Additionally, we touch on liquidity strategies and the qualities that define successful founders. A consistent theme throughout the conversation is the importance of learning from past investment experiences, paired with a hopeful perspective on the future of venture capital in the face of technological progress.
