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.
Just another grift…
Remember people, when these clowns come to you asking for ideas how to improve operations: you don’t know nothing!
I am amazed how slaves are willing to collaborate with “new” management but than still get laid off haha losers
This will go as well as that company that laid off their support staff and now have to hire them back.
They intend to inject AI, take notes on what works and what doesn’t work, and then run the business into the ground, so they can sell it. That’s the MO. That’s what being a mature business is to a venture capitalist.