Sam Lessin

Seed VCs investing in companies branded as 'AI companies' are going to lose an impossibly large amount of money. Even OpenAI — the company defining this moment — was basically a middling seed investment at best due to capital consumption.

Etiquette is a skill for how to show up in a room with a low heart rate. Not scarcity mindset, but abundance. This isn't your one shot. Show up with the self-confidence and calm of someone who knows this is part of the story, not the entire story.