Investment advice from Benchmark partner Bill Gurley—feels like the first two points apply to Crypto as well: Ideal founder profile: Someone who knows a vertical industry inside out and is also a heavy user of various AI tools. Go online and check out what people at Anthropic and OpenAI are publicly discussing, then steer clear. The truly safe bets are in deep vertical fields that deviate from the main path. Institutional investors currently have zero interest in non-AI projects. If you invested in a non-AI project during the angel round, expecting it to raise more funds in the current environment is almost impossible. The best way to protect yourself from being replaced by AI is to become the person who uses AI the best. At night, would you rather binge-watch *Breaking Bad* or read up on this field? If you choose the latter and genuinely feel excited while reading, then your passion is real. True passion shows up in your free time without anyone pushing you. As more and more content can be generated by AI, people will increasingly crave things that can only be experienced live—these types of assets will appreciate in value. Full article: https://mp.weixin.(qq.com)/s/0V_ijOISV6SnFFciJunHSQ