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. ---------------------------------------------- In Today's Episode We Discuss: 00:00 Intro 01:18 Why are the stakes in AI higher than ever before? 02:24 Is defensibility in AI gone for good? 08:09 Investing Outside of Top 10 deals 09:43 Is vertical SaaS dead? 15:05 Will AI Reallocate Human Labor Costs? 23:39 Is treble-treble-double-double now too slow for AI companies? 29:16 From Incremental to Exponential: AI’s Scaling Curve 39:17 From Private Valuations to Public Markets 49:57 Reflection on Byron’s Mistakes 58:20 Is venture now just a game of scale? 01:09:57 Can PE Turn the Tide in Tough Markets? 01:13:43 Quick-Fire Round ----------------------------------------------- Su...