# Software Winners & Losers in the Age of AI (w/Alex Rubalcava & Paul Bricault) | #626

Page: https://stenobird.com/podcast/the-meb-faber-show-better-investing-743157/software-winners-losers-in-the-age-of-ai-w-alex-rubalcava-paul-bricault-626
Text version: https://stenobird.com/podcast/the-meb-faber-show-better-investing-743157/software-winners-losers-in-the-age-of-ai-w-alex-rubalcava-paul-bricault-626.md
Podcast: [The Meb Faber Show - Better Investing](https://stenobird.com/podcast/the-meb-faber-show-better-investing-743157)
Published: 2026-04-10T08:30:00+00:00
Episode link: https://traffic.megaphone.fm/TIFM2858480527.mp3?updated=1775779151
Audio file: https://traffic.megaphone.fm/TIFM2858480527.mp3?updated=1775779151
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JSON: https://stenobird.com/v1/public/podcasts/the-meb-faber-show-better-investing-743157/episodes/software-winners-losers-in-the-age-of-ai-w-alex-rubalcava-paul-bricault-626
Duration seconds: 4370

## Resource

Today’s guests are Alex Rubalcava and Paul Bricault of Amplify.LA, a pre-seed venture capital firm. In today’s episode, Alex and Paul break down the opportunities and challenges AI is creating for both startups and investors. They discuss the changing economics of software, what makes an AI company defensible, where investors are finding opportunity in frontier sectors, and why speed matters more than ever in early-stage investing. To close, they explore startup pivots and the tax advantages of QSBS. (0:00) Starts (1:27) Introducing Alex and Paul (2:02) Public software companies & AI (5:13) Amplify LA background and partnership formation (7:34) AI use cases in portfolio companies (15:08) AI's impact on the job market (30:31) AI's impact on investment opportunities at the pre-seed stage (41:02) Aerospace sector opportunities (44:32) Successful startup pivots (50:18) Liquidity in VC (55:28) QSBS impact ----- Sponsor: Want to learn more about 351 Exchanges? Visit the ⁠Alpha Architect 351 Education Center for use cases, tools, FAQs, upcoming launches, and more. ⁠Investments in securities entail risks, including possible loss of principal and are not suitable for all investors. ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. ----- Meb's invested in some awesome startups…

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