Early AI investor Elad Gil finds his next big bet: AI-powered rollups

Elad Clay began to bet on AI before the majority of the world. In this case, investors began to capture Chatgpt’s effects, clay already wrote seed checks for beginners Confusion, Character.aiand Howly. Now the early winners of the AI ​​wave became clearer, a well-known “solo” VC, an increasingly new opportunity: re-discovery of traditional enterprises and scale them in rolls.

Determine the opportunities to identify such enterprises and other professional services, other professional services, other professional services such as thoughts, law firms and other professional services, to identify opportunities to access other such enterprises and use improved edges to repeat the process. It has been there for three years.

“It simply looks so open,” said clay over this week’s call before. “This type includes a giant AI, manipulating language, manipulating, manipulating text, producing text, this audio, coding, sales broadcast and different rear processes.”

“If you can effectively change the program in the program,” you said, “You can drastically increase the many edges and create many different enterprises.” He added that if the math, especially in business, he added.

“If you have an asset, you can [transform it] If you simply sell the program as a seller, “Gil said.” And for getting a company’s total margin, up to 10% to 40%, say that this is a big lift. Suddenly, other companies have a growing cash flow for a business higher than anyone; In an unusual way you have a great arm in the work so you can roll-up in ways that others cannot do. “

So far, the clay supported two companies continuing this strategy. According to the report, one is an elderly company called Enam Co.Andreessen was aimed at more than $ 300 million worth of $ 300 million, including Horowitz and Openai’s starting fund.

Although clay said that private transactions could not discuss the features of private deals, it shows that the approach represents a new thing. “This technology was used 10 years ago in effective rolls, and most of them are a lot of technology user,” he says. “It was kind of a kind of tender veneer to increase the company’s assessment. I think you can really radically change the cost of the cost of this work.”

Some of the other bets of the approach are considered as profitable as it seems. The clay also supported many large brands, including both coinbase, both coinbase, but also the riches for the riches and the riches for the bounces of bouncing. $ 91.5 billion Earlier this year, when previous supporters receive more of their shares.

Part of the problem with roll-ups is to find the correct team content – Ideally “very strong in PE” and “doesn’t give it hand in hand,” he said. He was familiar with the “maybe two of these teams” and mostly “was not” amazing, “he said, but” still had to sort some things. “

Clay with solid relationships along the silicon valley, will compete with them more aggressively in rolls of rollers Like Khosla Enterprises Whether they should not follow such deals.

In both cases, clay is a feeling that there is no money at this point. He says it shows the ability to celebrate more trends than the heart. “I love technology and I love to move forward, but also with people who work on both attractive and interesting things, but also with people engaged in technology.”

When it launches GPT-3, for example, clay was already practicing with his predecessor. “When GPT-3 comes out, it was such a great leap from GPT-2 that you did not have technology curve. You, ‘Oh my Gosh, if it goes and scales’ -‘ it will be transformative.” “

Today, the hand approach today, “Small Team, a very deep source of engineering, gathered in Gil.

This is constantly tinkering, after years of uncertainty in the AI ​​market, the clear winners of Gil. “I said, even six months ago, I know more about AI, because the markets were so dynamic; technology was so dynamic,” he said. “And I feel in the last few months – perhaps the bottom of the markets of the markets really crystallized.”

Legitimate, “We know who will be one or two key winners.

Among these odds are held in Harvey, law firms and legal groups in the negotiations in the negotiations for the increase in large language models for legal groups and increase new finances in A $ 5 billion evaluationOpen Abruge is a Health AI company aiming to develop clinical paperwork (and whose) of doctors A number of $ 250 million D round was led by clay in February); and companies were created by the famous operator Bret Taylor, which helped to apply AI agents for customer service, Sierra AI, Sierra AI. (The company was assessed within the dollar dollar dollars.)

Again, the clay is careful not to declare the game. “I don’t want to draw a picture of the game that the game is done or things done. I think it all had two or four of them where all of them were interesting [per vertical]. The map of the probable winners is strengthened. “

In this time, it is clear that this moment represents him more than another period of investment. “I just think it’s a really fun time because so much change occurs and therefore there is only one ton.”

To be in the intersection of two transformation – not only bets on the EU’s future, but it is not because the EU will change everything, but very excited.

We have more than our conversation with Gay, Guardrails, GateKeeping and companies can mostly combine or correct their work or make their work Strictlyvc Download PodcastThat went out on Tuesday.