The best tech investors understand that the S-curve is not just a description of what happened — it's a prediction tool. When you're early on the S-curve, the technology is improving faster than the market appreciates, and when you're late, the technology is maturing faster than the market appreciates.
Bill Gurley doesn't want a crazy pop on day one, doesn't want it to go up 100%. If we're in 10, 20, 30% range for something this big, that just feels like... Everything came together properly.
today's AI companies are scaling faster than any previous generation of startups, and why the eventual outcomes may be significantly larger than most investors currently expect
Unlike most firms chasing power law outcomes, Lead Edge is designed to deliver consistent returns by talking to thousands of companies a year, applying a rigorous eight-point criteria to filter down to a handful of investments.
Unlike most firms chasing power law outcomes, Lead Edge is designed to deliver consistent returns by talking to thousands of companies a year, applying a rigorous eight-point criteria to filter down to a handful of investments, and leveraging a uniquely constructed LP base of world-class executives and entrepreneurs.
These are companies that sit at the intersection of very very advanced software uh as well as hardware. So it's where atoms meets bits um which historically has not been I would say in vogue for the venture capital uh industry certainly over the last 25 years.
You also got Nat Friedman and Daniel Gross. These guys have backed a lot of founders. They've worked with a lot of AI startups. They can understand the team that they're trying to build over there.
