E17: Sequoia & the Hewlett Foundation on VCs NOT raising funds, Cisco's $1B AI fund, and more!

Key Points

• Many venture capital firms are extending the deployment period of their current funds rather than raising new ones, reflecting a strategic adjustment to a slower market pace.
• The influx of capital into AI startups is massive, yet there's uncertainty about sustainable business models, making it crucial for investors to be prudent and strategic.
• AI-native applications are expected to disrupt traditional software as a service (SaaS) models, but the true test will be in how quickly enterprise customers adopt these innovations.