# Tomasz Tunguz on where we are in the AI S-Curve and the Evolving Investment Landscape

Page: https://stenobird.com/podcast/venture-unlocked-the-playbook-for-venture-capital-managers-2990261/tomasz-tunguz-on-where-we-are-in-the-ai-s-curve-and-the-evolving-investment-landscape
Text version: https://stenobird.com/podcast/venture-unlocked-the-playbook-for-venture-capital-managers-2990261/tomasz-tunguz-on-where-we-are-in-the-ai-s-curve-and-the-evolving-investment-landscape.md
Podcast: [Venture Unlocked: The playbook for venture capital managers](https://stenobird.com/podcast/venture-unlocked-the-playbook-for-venture-capital-managers-2990261)
Published: 2025-03-05T12:00:00+00:00
Episode link: https://ventureunlocked.substack.com/p/embracing-ai-opportunities-challenges
Audio file: https://api.substack.com/feed/podcast/158369737/8e6e13ac6bf31d6e87eaf37a4c9c76ca.mp3
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Duration seconds: 2135

## Resource

Follow me @samirkaji for my thoughts on the venture market, with a focus on the continued evolution of the VC landscape. Had a great conversation recently with Tomasz Tunguz Founder and General Partner at Theory Ventures. We dug into how AI is reshaping venture capital and everyday life, from the rapid advancements in the space to what it all means for startups and the broader market. We covered everything from the declining cost of training AI models to the open vs. closed-source debate and how enterprises are starting to adopt AI in real ways. A really insightful discussion—hope you enjoy it. About Tomasz Tunguz Tomasz Tunguz is the Founder of Theory Ventures, where he invests in early-stage technology companies with a focus on SaaS, data infrastructure, and machine learning. Renowned for his deep analytical insights and data-driven approach to venture capital, Tomasz helps founders navigate growth, product-market fit, and scaling challenges. Prior to founding Theory Ventures, Tomasz was a Managing Director at Redpoint Ventures, where he led investments in several high-growth software companies. He is widely recognized for his blog on SaaS metrics, startups, and venture capital, which serves as a valuable resource for entrepreneurs and investors alike. Tomasz holds a degree in Mechanical Engineering and Economics from Dartmouth College. His passion for technology, strategy, and helping companies succeed has made him a respected voice in the venture capital community. Theory Ventures is an early-stage venture capital firm focused on investing in transformative technology companies across sectors like SaaS, data infrastructure, AI, and machine learning. Founded by Tomasz Tunguz, Theory Ventures combines deep analytical expertise with a founder-first approach, providing…

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