Venture capital is moving beyond code because the next tech boom will be built, not programmed

For more than two decades, software has defined the trajectory of venture capital. It was efficient, scalable, and, for a long time, unmatched in its ability to generate outsized returns. Investors poured capital into SaaS platforms, marketplaces, and digital infrastructure, confident in a model that prioritized speed, low marginal costs, and rapid growth. I was […]

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