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Where is the Budget for AI Coming From?

Tom Tunguz

Morgan Stanley surveyed a group of CIOS to understand the sources of AI budget. If hyperscalers deploy $100b in capex on AI this year & legions of software vendors hawk AI solutions, the money to justify it must come from somewhere. Both of these changes in spend will require some substantiation of return-on-investment.

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4 Key Takeaways from the AI Panel at Saastr 2023

Tom Tunguz

Last week at Saastr 2023, I had the privilege of hosting a panel with Maggie Hott , GTM leader at OpenAI, Sharon Zhou , cofounder & CEO of Lamini, & Jordan Tigani , founder & CEO of MotherDuck talking about the implications of AI for the software industry broadly. Second, education represents a huge opportunity for AI.

AI 264
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Why 2024 May Be Tougher on Venture Capital Than 2023

SaaStr

And 2023 was the year of the Work Out in venture. It got real in 2023, and that realness got normalized. And public SaaS stocks in many cases did really, really well in 2023. But the reality is I’m a bit more worried the venture drama in 2024 will be bigger than 2023. In AI, 2021 never went away.

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How Much will the US Early Stage Venture Market Contract in 2023?

Tom Tunguz

In The Figures that Will Move the Venture Capital Market in the Next 3-5 Years , I wrote about the correlation between interest rates & venture capital investing. The correlation is strong enough to build a simple prediction of early stage venture capital activity in 2023. correlation to -0.51. for only 2 variables.

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State of the Cloud 2023 with Bessemer Venture Partners (Video + Podcast)

SaaStr

SVB collapsed, market multiples are down, yet the IPO window is re-opening, and we have a platform shift to AI that’s exciting everybody. While 2022 was a gloomy year, the skies are parting in 2023. A lot of the uncertainty of 2022 stemmed from changing macro conditions, and now 2023 is seeing more stabilization. Let’s find out.

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250+ Braindates Already for SaaStr Annual 2023!! Here are The Top 6 So Far!

SaaStr

We have 250+ Braindates already for SaaStrAnnual.com 2023 next week!! The Most Popular 2023 Annual Braindates So Far: #1. Demystifying AI for SaaS: Practical Steps to Drive Innovation with Bessemer Venture Partner’s Anant Vidur Puri #5. See you at Annual 2023!! That now you can have IRL! Sep 6-8 in SF Bay!!

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Are IPOs Really Back? And Where is Growth Investing? 20VC Roundtable #4 with Jason Lemkin, Woody Marshall, Deven Parekh, Harry Stebbings

SaaStr

Harry Stebbings of 20VC was kind enough to have us back on the latest VC Roundtable with 2 of the very, very best in growth / late-stage investing — the leaders of Insight Partners and Technology Crossover Ventures. They’ve led later stage investments in the best in SaaS and Cloud. And Where is Growth Investing?