# What Top 1% Investors Look For in AI Startups | Umesh Padval, Seligman Ventures, Ex- Bessemer Page: https://stenobird.com/podcast/the-neon-show-862453/what-top-1-investors-look-for-in-ai-startups-umesh-padval-seligman-ventures-ex-bessemer Text version: https://stenobird.com/podcast/the-neon-show-862453/what-top-1-investors-look-for-in-ai-startups-umesh-padval-seligman-ventures-ex-bessemer.md Podcast: [The Neon Show](https://stenobird.com/podcast/the-neon-show-862453) Published: 2026-02-13T11:30:00+00:00 Episode link: https://www.buzzsprout.com/1601695/episodes/18673968-what-top-1-investors-look-for-in-ai-startups-umesh-padval-seligman-ventures-ex-bessemer.mp3 Audio file: https://www.buzzsprout.com/1601695/episodes/18673968-what-top-1-investors-look-for-in-ai-startups-umesh-padval-seligman-ventures-ex-bessemer.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-neon-show-862453/episodes/what-top-1-investors-look-for-in-ai-startups-umesh-padval-seligman-ventures-ex-bessemer Duration seconds: 3117 ## Resource Do startup valuations today make sense? Umesh Padval, an early investor in Cohere, now valued at about $7 billion shares why Cohere stood out at the time of his investment. He shares what he saw early that made him believe this was not just another AI model company. Umesh is the Founding Managing Partner, Seligman Ventures and previously at Thomvest and Bessemer Venture Partners. He brings experience from investing across multiple tech cycles, from chips to cloud to AI. Umesh talks about how ... ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-neon-show-862453/episodes/what-top-1-investors-look-for-in-ai-startups-umesh-padval-seligman-ventures-ex-bessemer/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-neon-show-862453/what-top-1-investors-look-for-in-ai-startups-umesh-padval-seligman-ventures-ex-bessemer.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.