This episode features a conversation recorded live at StrictlyVC LA in El Segundo between Connie Loizos, Cheng Xu, partner at Basis Set Ventures, and Carter Reum, founder of M13.

Together, they discuss whether today's AI boom represents a bubble, how investors are thinking about soaring startup valuations and ARR growth, and what it takes to build a lasting company in an increasingly competitive AI landscape. The conversation also explores the opportunities and risks facing founders, the impact of AI on venture investing, and where each investor sees the next generation of breakout companies emerging.

Learn more about your ad choices. Visit megaphone.fm/adchoices