Posted 8/2/2023, 4:30:23 PM
5 questions investors should be asking inception-stage generative AI founders
- Navin Chaddha is managing partner at Mayfield, a venture capital firm.
- Mayfield has announced the $250 million Mayfield AI Start, a dedicated seed vehicle to support AI-native founders.
- Mayfield is sharing five pieces of company-building advice with AI-native founders.
- The advice includes focusing on dominating a new tech stack layer, providing a painkiller rather than a vitamin, and understanding the market dynamics.
- Mayfield highlights the importance of building a strong team and having a clear go-to-market strategy.
- The firm also emphasizes the need for founders to have a long-term vision and to be adaptable to changes in the AI landscape.