Source: TechCrunch
Summary
TechCrunch spoke with venture capitalists (VCs) to understand what they are no longer looking for in AI SaaS startups. VCs shared their thoughts on what they consider to be overhyped or unnecessary in these startups. They discussed the importance of practical applications and solutions that address real-world problems.
Our Reading
The announcement sounds ambitious.
VCs are no longer looking for AI SaaS startups with vague promises of “AI-powered” solutions. They want to see practical applications and real-world results. The hype around AI has died down, and investors are looking for substance over buzzwords. It’s just another day in the “AI winter” we’ve been having since 2019.
Author: Evan Null
