SynopsisFrom the fabled Silicon Valley VC firm Andreessen Horowitz (a16z) to Singapore’s sovereign wealth fund GIC, fund houses across the globe are using AI for sourcing deals. They are creating virtual investment committees, custom tools for internal use, and chatbots for investor relations. The trend is beginning to take root in India too.Venky Harinarayan looked at the numbers that popped up on his screen and felt: this made no sense.His VC firm’s proprietary data engine was flashing some unbelievable user traction for an innocuous startup catering to fishermen in the US.Harinarayan and Anand Rajaraman cofounded Rocketship.vc in Silicon Valley. Stanford PhDs who sold their startups to Amazon and Walmart, they drew on their product building expertise when they launchedNow Playing
AI helps VCs dig up winners - The Economic Times
From the fabled Silicon Valley VC firm Andreessen Horowitz (a16z) to Singapore’s sovereign wealth fund GIC, fund houses across the globe are using AI for sourcing deals. They are creating virtual investment committees, custom tools for internal use, and chatbots for investor relations. The trend is beginning to take root in India too.
120 words~1 min read
