Carried Away · 15 September 2026 · Additional Read

Alpha Lives Upstream

David Beisel, GP @ NextView

As AI commoditizes venture capital's downstream functions—deal sourcing, analysis, due diligence—a VC partner's competitive edge migrates upstream to proprietary judgment and thesis formation. The model is rented; the edge is in the conjectures you test and the record you build.

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Topics: Venture Capital & Startups

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