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20VC: Do Margins Matter in AI? | Is Defensibility Gone For Good? | Is Vertical SaaS Dead in a World of AI | What SaaS Rules Are BS and No Longer Apply in a World of AI | The Future of Venture: Why Chanel vs Walmart is BS with Byron Deeter
Byron Deeter is a Partner at Bessemer Venture Partners, and one of the most renowned SaaS investors. Byron has led 19 unicorn investments, including IPO successes like ServiceTitan, Procore, Twilio, Box, Gainsight, Intercom, DocuSign, SendGrid. His portfolio includes eight companies that have gone public. Insane.
Agenda:
00:00 – Why are the stakes in AI higher than ever before?
05:20 – Is defensibility in AI gone for good?
07:40 – Do margins even matter when backing the next Anthropic or Perplexity?
09:50 – How does Byron think about future dilution when investing in AI today?
12:10 – With…
The skinny
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