The Automation Endgame, VCs Returning Cash, and the OpenAI Wager | E2019
Alex Wilhelm joins Jason to discuss the ongoing ILA strike and impact, Startup opportunities in port automation, CRV's $275M return to investors, OpenAI closing its $6.6 billion mega-round, and more!
Key Points
- Automation is increasingly impacting both blue and white-collar jobs, with blue-collar roles seeing full automation and elimination, while white-collar roles experience job compression and increased productivity expectations.
- The lack of IPOs and venture capital distributions highlights the challenging environment for liquidity events, with late-stage investments particularly affected by high valuations and market conditions.
- CRV's decision to return $275 million to its LPs underscores the difficulty of deploying late-stage capital effectively in the current market, emphasizing the importance of focus and specialization in venture capital strategy.
Chapters
0:00 | |
2:34 | |
4:59 | |
10:10 | |
11:43 | |
20:12 | |
27:07 | |
28:27 | |
38:07 | |
39:38 | |
45:13 | |
50:11 | |
55:39 | |
1:00:06 | |
1:02:16 | |
1:08:26 | |
1:12:07 | |
1:18:27 |
Transcript
Loading transcript...
- / -