Is AI The Next Consumer Tech Platform? // Mike Ghaffary, General Partner at Canvas Ventures

The Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing

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Is AI The Next Consumer Tech Platform? // Mike Ghaffary, General Partner at Canvas Ventures

The Consumer VC episode #293 with Mike Ghaffary, General Partner at Canvas Ventures

Mike Gelb

Apr 25, 2023

Welcome to The Consumer VC, a newsletter about venture capital and consumer. If you aren’t subscribed, come and subscribe below.

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Hey Friends,

Our guest on today’s episode is the first THREE TIME guest for the podcast. Mike Ghaffary, General Partner of Canvas Ventures. I cold-emailed Mike in 2019 pitching him to come on a show that wasn’t yet a show. He not only accepted but also convinced other VCs to come on the podcast. In his first episode, we discussed how to invest in marketplaces. On his second episode, we asked the question: Could Web3, the metaverse, or remote work be the next big consumer platform? We both realized we didn’t talk about AI as a candidate. So, for this one, focused on AI in a consumer context. Shoutout to James Currier and his episode on The Consumer VC as an inspiration for this episode.

We discuss:

What is Generative AI?
Is it closer to the iPhone moment or closer to Tupac’s Hologram moment?
The different consumer contexts for AI
Will the innovation come from incumbents or emerging companies?
What will change within 5 years?
What could slow down AI & more

Thank you for listening

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Discussion about this podcast

The Consumer VC: Venture Capital I B2C Startups I Commerce | Early-Stage Investing

The Consumer VC takes a look into early-stage consumer investing and venture capital. If you are interested in learning about consumer trends, have a b2c business and interested in learning about the fundraising process at the early stage, you have come to the right place.

Mike interviews some of the top venture capitalists in the world that focus on B2C and consumer type companies or have a deep track record investing in these categories such as marketplaces, SaaS, social, CPG and non-tech subscription.

Mike also interviews founders that are building some of the most disruptive consumer facing companies in the world. The conversation usually includes the insight the founder discovered, fundraising strategy, and the pitch.

This podcast also includes bonus episodes. Each bonus episode dives into a particular subject that might not have to due with the fundraise or venture capital, but still would be helpful to founders. For example, a bonus episode on brand strategy or how to construct a board of directors. All bonus episodes will be clearly labeled.

For all episodes, please visit www.theconsumervc.com. For updates, you can follow @mikegelb on Twitter.

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