AI’s $600B Question

The great story behind it is that when Mike was taking over for Don Valentine with Doug, he was sitting and looking at Sequoia’s returns. He was looking at fund three or four, I think it was four maybe that had Cisco in it. He was like, how are we ever going to top that? Don’s going to have us beat. We’re never going to beat that.

He thought about i... See more

Earlier this year we met with our Limited Partners. Their top question was “will the AI transition destroy your existing cloud companies?”

We began with a strong default of “no.” The classic battle between startups and incumbents is a horse race between startups building distribution and incumbents building product. Can the young companies with coo... See more

Reasons you should still get into AI

• Broad Potential of AI/Rate of Growth
  
  
  • Jeff Bezos famously quit finance to start Amazon at age 30.
  
  
  • He did this because Internet usage was growing 2,300% a year in 1994.
  
  
  • Rollouts of
    
    general purpose technologies
    
    3
    
    span decades.
  
  
  • Imagine being a “latecomer” to tech in the year 2000 or 2010 and concluding it was “too lat

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