VCs Are Acquiring Mature Businesses To Retrofit With AI
Venture capitalists are inverting their traditional investment approach by acquiring mature businesses and retrofitting them with AI. Firms including General Catalyst, Thrive Capital, Khosla Ventures and solo investor Elad Gil are employing this private equity-style strategy to buy established companies like call centers and accounting firms, then optimizing them with AI automation. Read more of this story at Slashdot.
Venture capitalists are inverting their traditional investment approach by acquiring mature businesses and retrofitting them with AI. Firms including General Catalyst, Thrive Capital, Khosla Ventures and solo investor Elad Gil are employing this private equity-style strategy to buy established companies like call centers and accounting firms, then optimizing them with AI automation.
Read more of this story at Slashdot.
