Why AI Makes It Harder for Investors to Avoid Funding Rivals

Benchmark investors Eric Vishria, Chetan Puttagunta and Peter Fenton said at TechCrunch Disrupt that AI is breaking startup investors' rule against funding competitors. Fenton called funding rivals 'kryptonite' and the firm's toughest problem. Vishria said fast strategy changes make clashes unavoidable; Puttagunta said cheap software lets young companies easily copy into each other's business.