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A New Chapter

Tom Tunguz

The US venture capital ecosystem has grown 40x in dollars from $8b to $320b invested in 10 years. Fueled by this capital, startup company formation rates touched fifteen-year highs in 2021. After more than 14 years at Redpoint, I’m starting a new chapter. I’m filled with optimism for the future.

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AI Superpowers - A History of Chinese Startups and the Implications for the Future of Startupland

Tom Tunguz

Chinese startups raise nearly half of all venture capital dollars and nearly 100 are valued at $1B. He’s a venture capitalist in China and knows the ecosystem well. The first is his view of the influence of machine learning in the world. There are two ideas in the book that will remain with me.

AI 174
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The Rising Stakes in SaaS

Tom Tunguz

I believe competition is a major driving force, especially since venture capital is conspicuously copious. Machine learning, broad consolidation, category creation, and new distribution models each will change the SaaS ecosystem in fundamental ways. SaaS company formation has fallen by 44% in the last 3 years.

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Has SaaS Become Commodified?

Tom Tunguz

Next-generation machine learning tools are also available by API and improving all the time. The surge of venture capital in the last five years worsens this predicament. First, the technology barriers to starting a SaaS company continue to fall. Second, the customer acquisition playbook is well known. I will add another.

Scale 189
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A Look Back: Everything Breaks When You Go Into Hypergrowth Mode, with UiPath’s CMO (Europa Video + Transcript)

SaaStr

I am a partner at Accel, the Global Venture Capital Fund, and I’m very happy to be here with one of these mythical creatures that people were talking about earlier. You apply your machine learning and voila, you’ve turned a process from rules-based to experience-based, right?

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SaaS Funding Napkin, the 2017 edition

The Angel VC

For what it's worth, I know AI and Machine Learning are a hyped topic but I think the hype is justified. The ability to gather large amounts of data from the entire user base, and use that data along with AI/ML to make your software smarter, is one of the big themes at the moment.

SaaS 262
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Founders, teach your employees statistics

Tom Tunguz

Engineers measure application performance and build machine learning models. Venture capital is no different. If a relationship business like venture capital can benefit from statistics, imagine the impact to a performance oriented startup. CEOs measure key company metrics. PMs measure engagement.