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Just launched my podcast and this VC basically predicted the death of his own industry. On Wednesday I dropped the first episode of my new podcast "Human Work
by bignorthchris 1y ago
Just launched my podcast and this VC basically predicted the death of his own industry.
On Wednesday I dropped the first episode of my new podcast "Human Work After AI" and honestly, I'm still processing what my first guest told me.
I sat down with Vlad Cazacu, who's spent years as a VC doing 120+ deals, then flipped to the other side and built an AI fundraising platform (called Flowlie - definitely check it out) that's helped founders raise over $600 million. I figured he'd have some good insights on how AI is changing the game.
What I didn't expect was for him to casually explain how his entire former industry might just... disappear.
He walks me through this thought experiment: what if we put AI avatars in pitch meetings? Both sides. AI founder pitching to AI investor. And when I'm like "okay but that's weird," he just shrugs and goes "well, if both sides are automated, what exactly do VCs do anymore?"
The man has a point. His take? 99% of VCs basically just shuffle money from limited partners to founders. No real value add. An algorithm could probably do it better.
But here's what's wild: his own platform automates literally everything about fundraising (research, intros, follow-ups, the whole mess) except the actual human meeting. Not because they can't build that tech, but because he thinks the moment you remove humans from relationship-building, you break something fundamental.
Also learned that pre-seed rounds now need the kind of revenue that used to get you a Series A three years ago. AI made it easier to build stuff, so investors just raised their standards. Classic.
Anyway, if you're curious about where all this AI stuff is actually heading (spoiler: it's messier than the LinkedIn thought leaders want you to think), the full conversation is worth a listen.