Uncapped: Mike Volpi on Why AI Is Rewriting Venture Capital

AI is forcing venture capital to abandon old playbooks, and Mike Volpi explains why the firms that don’t adapt may back the wrong companies. In this condensed recap of Uncapped with host Jack Altman and guest Mike Volpi, you’ll hear how AI is changing software, fundraising, go-to-market strategy, and the meaning of venture branding. Volpi breaks down why compute has become a major moat, why open source isn’t a business model in AI, and where he still sees outsized opportunities in vertical software, robotics, proprietary data, mission-specific chips, and defense tech. He also weighs the future of public software companies and shares a founder-first philosophy built on humility and real support. If you want a fast take on artificial intelligence, venture capital, big tech competition, and the next wave of technology and innovation, this recap gets you the key ideas in minutes. Listen now to get the key ideas in minutes.