Backing First-Principles Founders: Rajeev Dham on AI, SaaS, and Agentic Enterprise Tech

In this episode of Technovation, host Peter High interviews Rajeev Dham, a partner at Sapphire Ventures, about his work investing in B2B software companies, particularly in AI, fintech, and healthcare. Rajeev discusses Sapphire Ventures' focus on backing founders building category-defining companies and their investment approach in early growth-stage companies. The conversation explores the evolving archetype of founders, the importance of AI integration for companies, and the potential of agentic AI in enterprise applications. Rajeev also shares his thoughts on how AI is changing software development, the skills that will be most important for future generations, and the impact of AI on SaaS business models, highlighting companies like Glean, Sierra, and Decagon. He emphasizes the need for companies to embrace change management to effectively leverage AI solutions.