Founders’ takes: How AI is rewriting the playbook for investing

The article discusses how artificial intelligence (AI) is transforming the investment landscape, particularly in the venture capital industry. Cem Ötkün, CEO and co-founder of Bounce Watch, a startup scouting platform, shares his insights on this shift. Venture capital, traditionally built on networks and narratives, is now undergoing a structural change as AI becomes an integral part of the investment process, rather than just a futuristic add-on. This is particularly crucial for those investing in the opaque world of private markets, where AI is not just an option, but a necessity for survival. The article highlights the "broken machinery" behind the pitch, where traditional investment processes are plagued by inefficiencies and biases. AI is emerging as a solution, providing data-driven insights and automated decision-making to enhance the investment process and identify promising opportunities more effectively. The article suggests that AI is rewriting the playbook for investing, transforming the way venture capitalists and investors operate in the rapidly evolving tech landscape.