“Amit is a hustler. He gets the big picture & the small feature details. I have seen him balance both at the same time, which is a very tight rope to walk, while delivering over a long term in a execution focused environment. To top it up his never say die attitude to keep at it, helped our team come out of many a mess! ”
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Brett Alexander Hurt
Adding to Bob Pearson’s comment, I would also emphasize that the biggest advantage is capital availability and the risk-taking mindset that goes along with it. Silicon Valley VC was being born by people like Arthur Patterson (one of my longest-time backers and mentors), since I was born. Austin, by contrast, was the size of Anchorage, Alaska when I was born. Austin is definitely doing the best it ever has and I’m happy to be here. But the biggest risk-taking and capital-availability advantage remains in SV due to the compounding effect over decades. Also, remember Debra and I lived in SF during the massive boom and bust years, from the beginning of 2000 to mid 2003. There will certainly be an AI application bust, like Mitchell Green, is predicting but overall the trajectory is correct. AI will affect everything and therefore deserves the capital allocation it’s receiving. But most AI applications will not be durable enough to survive the growth of frontier model scope and ambitions, similar to Microsoft Windows back in the day and the many companies it put out of business.
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