Astasia Myers, GP at Felicis, $3B AUM

Evolution of Infrastructure: On-Prem → Cloud → Edge, & Critical AI Roadblocks

Sep 06, 2024

AI’s Rapid Ascent & The Critical Roadblocks Companies Face as They Scale

Today we have Astasia Myers, GP at Felicis, to discuss their AI investment strategy and recent $825M fund, totaling Felicis’s AUM to $3B. Astasia goes deep on her focus on databases, dev tools, infra & AI from inception to Series A, with investments such as LaunchDarkly, Hex, and Supabase.

Listen → Spotify, Apple, YouTube

Astasia shares the evolution of enterprise software, shifting from on-premise solutions to cloud service providers to the edge (Armada), democratizing access to infrastructure services. As well as many of the infrastructure opportunities and challenges emerging in AI’s rapid ascent of the tech industry.

We dive deeper into:

Technical unlock of foundation models, leading to the emergence of alternative models and AI agents
Critical AI Roadblocks: Talent, pricing, and packaging strategies
Felicis’s AI Investment Strategy in 3 Buckets
- AI infrastructure
- AI-enabled SaaS
- AI-enabled services
Astasia’s Background + Felicis’s Founding Story
Bullish on Edge Computing
Emerging Trends in AI: AI agents & autopilots, consumer applications, & more
How AI is different today vs 2023

Resources

AI is here to eat your seats, How to survive the revenue shift [Astasia Myers, Ryan Isono, Mischa Vaughn]
The rise of AI data infrastructure [Astasia Myers, Eric Flaningam]
Datology: Data curation is the missing piece of the AI strategy [Viviana Faga, Astasia Myers, Tobi Coker]

Timestamps:

(00:00) Introduction and Founding Story of Felicis Ventures

(06:39) Astasia Myers' Background and Journey to Venture Capital

(11:45) The Evolving Landscape of AI and Infrastructure

(14:59) Sponsor: Archer

(19:27) AI-Enabled SaaS and AI-Enabled Services

(27:16) Technical Unlock: Foundation Models and AI Agents

(33:30) Changing Perspectives and Emerging Trends in AI

(37:47) Research and Identifying White Spaces of Opportunity

(47:05) The Effects of Technical Unlock and Future of AI

(50:36) Wrap