TSF Thesis 3.0: The Next Frontier of Computing and Its Applications Reshaping Large-Scale Behaviour - Two Small Fish
Driven by rapid advances in AI, the collapse in the cost of intelligence has arrived—bringing massive disruption and generational opportunities. Building on this platform shift, TSF invests in the next frontier of computing and its applications, backing early-stage products, platforms, and protocols that reshape large-scale behaviour and unlock uncapped, new value through democratization. These opportunities are fueled by the collapsing cost of intelligence and, as a result, the growing demand for access to intelligence as well as its expansion beyond traditional computing devices. What makes them defensible are technology moats and, where fitting, strong data network effects. Or more succinctly: We invest in the next frontier of computing and its applications, reshaping large-scale behaviour, driven by the collapsing cost of intelligence and defensible through tech and data moats. When we launched TSF in 2015, our initial thesis centred around network effects. Drawing from our experie
Summary Driven by rapid advances in AI, the collapse in the cost of intelligence has arrived—bringing massive disruption and generational opportunities. Building on this platform shift, Two Small Fish Ventures invests in the next frontier of computing and its applications, backing early-stage products, platforms, and protocols that reshape large-scale behaviour and unlock uncapped, new value through democratization. These opportunities are fueled by the collapsing cost of intelligence and, as a result, the growing demand for access to intelligence as well as its expansion beyond…
related reading
- Thesis | HOF Capitalhofcapital.com
- Whitepaper - The Collective Intelligence Projectcip.org
- USV Thesis 3.0 | Union Square Venturesusv.com
- Letter | Terrainterrain.com
- USV Thesis 2.0 | Union Square Venturesusv.com
- The end of incrementalism: how AI will reward maximalist start-upsphilipjclark.substack.com
- Generative AI’s Act Two | Sequoia Capitalsequoiacap.com
- The AI Wave | Posts | 8VC8vc.com
- Generative AI's Act o1: The Reasoning Era Begins | Sequoia Capitalsequoiacap.com
- Y-Combinator Flooding Transportation & Logistics with Dozens of Freight AI Investments, isn’t a Coincidence; it’s a Thesis.linkedin.com
- Thomas Laffont: The $4T AI IPO Wave Is Coming… and We’ve Never Seen Anything Like Ityoutube.com
- Brain-Computer Interfaces: Exploring the Last Frontier — byFoundersbyfounders.vc