Beware of zombies. That’s the message from some venture capital executives who predict that AI will drive down the cost and time startup founders need to build businesses—but also increase the number of ”zombies.” These are VCs firms who find little demand for their services, and are left to wander the tech landscape without fresh capital or new investments.
Due to AI, founders will become so efficient building companies that they will no longer need to raise multiple rounds of capital, says Sam Tidswell-Norrish, who, in December, left private equity firm Motive Partners, and has since launched professional community platform OPUS.
