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welcome to Root Devices Exchange, a weekly newsletter about startups and markets. It is inspired by the Root Devices+ daily column, where it got its name. Want it in your inbox every Saturday? Apply here.
This week, I explore how one VC feels about a large portion of its AI-focused portfolio. And I have some updates on my new patch: Internal Developer Portals. — Anna
50% AI
Root Devices+ recently noted a paradox: “VCs love to talk about AI, but they’re not writing as many checks as you might think.” Perhaps because they don’t have to make new investments to own shares of AI companies.
“A lot of existing investments are starting to go into AI — about two companies every month,” Day One Ventures founder and general partner Masha Bucher told me.
For example, email app Superhuman is one of the startups in its portfolio that has recently dabbled in artificial intelligence.
Is there ever too much artificial intelligence? Anna Heim, originally published on Root Devices
rootdevices.com/2023/06/03/artificial-intelligence-vc-portfolio/