Augmenting Humanity: The True Promise of AI
In the ongoing conversation about artificial intelligence, there's a prevailing narrative that AI will either replace humans or fundamentally change the nature of work and society. However, this perspective overlooks a crucial point: intelligence, in its purest and most valuable form, can never be truly artificial.
Pilgrims To The Desert: VC Is Awash in Middle East Money But Some Strings Are Attached
For managers just now looking to tap into the Middle East LP stream, the path is tricky. An increasing “in-region” focus has Middle East investors requiring that fund managers “give back” to the region. With institutions like PIF, Mubadala, QIA as well as family offices such as Olayan, DAMAC and others being inundated with opportunities, fund managers without existing relationships face an almost impossible battle obtaining introductory meetings, let alone getting mindshare or capital commitments.
The AI Singularity. Will We Recognize It When It’s Here?
The idea of an AI singularity has intrigued society for decades - painting a picture of a future where artificial intelligence surpasses that of humans and ushers in a new era of transformative technological advancements. And in the process, creating arguably one of the most powerful forces humanity has ever seen.
Why We Invested: Groopit
By its very nature, knowledge is contextual, and any one person’s or organization’s knowledge is limited to their level of involvement and interaction with other elements of their unique eco-system.
Why We Invested: Pioneer Square Labs Studio 3
As early-stage investors (and former founders ourselves), we know first-hand how difficult it can be to launch a successful startup. Which is why we have always been keen supporters of the incubator or studio model as a means to help entrepreneurs think through some of the difficult questions that invariably get missed at the earliest, most formative stages of a company.
The Year Ahead - My Thoughts on 2023 and What Brought Us Here
The last few years in the private equity markets culminated in what I call "Moral Hazard at Scale." However, as the Great Reset begins in 2023, there are some encouraging signs that reality and rationality are starting to take hold in the market. This has me very bullish and why I believe now is the time to be investing in private capital markets. Those with conviction and patience should be handsomely rewarded.
The Kids Are Alright
Over the past two quarters, industry participants and research analysts alike have all put forward their wisdom on what the venture capital landscape will look like in the coming months and year. Set against a backdrop of a public market correction, increasing inflation, rising interest rates and political unrest, it would be easy to sound the horns of Armageddon and “let slip the dogs of war.”
Why We Invested: Tagboard
The Tagboard thesis: the days of bulky, hardware-based systems must give way to more agile, cloud-based systems that support today’s distributed workforce.
How soon is now?
The concept of virtualization at the service provider level is nothing new. We’ve seen this in many instances in the mobile space for example, with Amp’d, Virgin Mobile, Boost and others becoming Mobile Virtual Network Operators (MVNO’s) – albeit with mixed success. Therefore, it was only a matter of time before this trend moved into the cable space.
The zen of Senzari
I recently started using new online music service Senzari and candidly have been pretty impressed. Billed as the new competitor to Pandora, Senzari brings a lot of eye candy, deep social networking ties to Facebook and a whopping catalogue of over 9 million songs – compared to Pandora’s 900,000.
The new adventures of old media
Ever stare in wonder when you see a strong platform or solid business that fails to read the signs on the wall? Rather than recognize and adapt, they at best pay lip service to the issue and simply shoehorn in yesterday’s business models into today’s evolving marketplace. These thoughts and others always cross my mind when I think of the newspaper industry.