514. AI's Effect on the Demand Curve, Investing in Durable Barriers, Large Cap vs. Small Cap Seed Deals, and Building an Internal AI Machine (Mark Peter Davis)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified · Aug 3, 2026 · 48m

Mark Peter Davis of Interplay joins Nick to discuss AI's Effect on the Demand Curve, Investing in Durable Barriers, Large Cap vs. Small Cap Seed Deals, and Building an Internal AI Machine. In this episode we cover:

AI's Role in Interplay's Operations

Investment Strategy and Early Signals

Impact of AI on Software and Venture Capital

Job Displacement and New Opportunities

Barriers and Durability in Software Companies

Challenges for Traditional Growth Companies

AI Native Services and Market Segmentation

Guest Links:

Mark Peter Davis's LinkedIn

Mark Peter Davis's X

Interplay's LinkedIn…