The entire venture capital model for the last 20 years has revolved around funding services or products that scale exponentially. AI changes that game.

When you agentize your operations, you’re not just automating tasks. You’re codifying your company’s processes. Making them replicable by anyone with more compute.

For an SMB, being a “tech company”, or at least being “tech-enabled,” was the holy grail of fundraising. But then AI arrived.