"If you're 22 years old in San Francisco and building something in AI, there may be a seed term sheet in your inbox — but if you're 19, oh my God, this means you're really good; you might already have a Series A ," said one, half-kiddingly.
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naddr1qv…h4p9The groupthink boom: what 3 top VCs really think about the AI frenzy Top VCs discussed the current venture investing climate, noting the potential market impact of mega-IPOs like SpaceX and the concentration of capital in AI. They highlighted that while AI offers significant progress, there's also groupthink and a need for realistic expectations. Opportunities are seen in consumer tech, fintech, and AI's interaction with the physical world, particularly robotics. - SpaceX's potential IPO is seen as an enabling event that could bring more capital and entrepreneurs into the market, similar to the Google IPO. - The AI boom is characterized by rapid progress but also significant groupthink, with most capital flowing into a few companies. - Younger founders are favored during times of disruption, but qualities like intensity and adaptability are more important than age. - Navigating deal pricing is challenging due to different fund sizes, and VCs focusing on early-stage or undefined markets can find lower valuations. - While there's potential for metric manipulation in reporting, sophisticated investors can discern true performance. - Opportunities are emerging in consumer tech, fintech, and AI's application to the physical world, especially robotics. Continue reading https://techcrunch.com/2026/05/30/the-groupthink-boom-what-three-top-vcs-really-think-about-the-ai-frenzy/