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VC has long been criticised for relying too much on gut feel and warm intros to make bets. But as the number of VC firms has exploded, more investors have turned to data to find an edge. And, most recently, that includes reaping the benefits of step changes in generative AI.
“VC is an industry where you can make good money in a number of ways, and it’s not absolutely necessary for VCs to have AI-driven company and founder evaluation,” says Arpaia.
https://sifted.eu/articles/will-generative-ai-revolutionise-the-way-vcs-find-deals
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