"Venture is dead." I've heard this same prediction in every tech wave Web 1.0, crypto, and now AI. The argument is AI's capital efficiency makes VC obsolete.

I believe the opposite. AI won't just save venture; it will restore value to the entire startup economy.
trueventures.com/blog/the-tra...

So pleased with this incredible gathering of the community around innovations in consumer AI. True portfolio companies Daydream, Audos, and Digg all presenting. Great job to all presenters. Thank you and well done Kirsten Green and Team Forerunner.

Thrilled to announce @kevinrose.bsky.social and @mikemontano.bsky.social as full Partners at True. Proven repeat Founders, gifted creators, passionate advocates for visionaries and builders, perfectly True. trueventures.com/blog/true-ve...