Jason M. Lemkin argues that CROs, senior executives, and many VCs are obsolete in AI's fast-moving landscape. The old VC playbook doesn't work anymore. Sequoia is praised for ditching legacy structures and replacing partners quickly when needed.
I genuinely believe it. Across my ecosystem, I, I struggle to even recommend a lot of the CROs and executives I know for roles today. I just struggle to find them a job. They're not the right people anymore. And so I think I could only imagine. We don't even need half the VCs we have today for the, the AI world. Maybe they'll spend the money, maybe, maybe they'll throw a few nickels into cursor. 30 billion, get a few logos on the website, but the old playbook don't work and the pace is so fast. Take your coins, take your, take your Nvidia shares and buy a beach house. Seriously. Check out, check out. It's a good time to check out, guys.
One of the things I admire most about Sequoia is their toughness and their willingness and ability to evolve, right? And in this case, I'm not saying, I'm not commenting on the merits of the case, but if the internal group, because I don't know enough, right, to say it was a rule of wisdom, but if the internal group feels they need to make a change to continue to execute what they did not do, is that fatal error, which we can talk about in politics in a second, is, you know, it's someone's turn, and they said, it's so and so's turn, so we'll leave him in. They did the exact opposite. They ruthlessly said, if we're gonna compete, we need these people, not those people. And they made a change, right? All they needed to do was call a vote and have a discussion and, you know, sit down with the partner in question, have a discussion. I think that's healthy, right? I think some of these orgs where so and so can't be touched. You always say to yourself, does that create, does that create a false sense of security when you just can't afford to have that in this market?
