Agentic AI, Vibe Coding, and the Death of the Backlog - Ryan Henry, VC @ Sand Hill North

⁠Subscribe to my newsletter here to stay up to date on the new startup world⁠!AI startups in 2025 are throwing out the roadmap. In this episode, investor Ryan Henry shares what he’s seeing at the frontier: agentic workflows, founder-led experimentation, and why traditional product roles are fading fast. We also revisit a debate about “vibe coding” - intuition-led building in a world of moving targets.📍 Key Moments00:00 - Introduction to Ryan Henry and his family office VC approach02:40 - Ryan's fund structure: investing in other funds for deal flow07:12 - Different return expectations compared to traditional VCs18:30 - Debating "vibe coding": what it is and its implications21:32 - The evolution of AI-assisted development capabilities27:10 - Concerns about rapid prototyping vs. proper customer discovery33:30 - Current YC trends: AI agents, robotics, and advanced manufacturing41:55 - The state of AI agents today and what they can reliably do47:38 - Building companies with anticipation of improving AI capabilities⁠Subscribe to my newsletter here to stay up to date on the new startup world⁠! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.decelerator.media