business ๐ AI gives foreign founders an edge at a16z
Andreessen Horowitz now recognizes that international founders have a distinct advantage in the AI landscape. Gabriel Vasquez noted that 44% of their Apps Fund One and Two investments feature international founders. This shift is driven by global buyers now willing to spend with startups outside the US over the last three to five years. AI forced legacy companies worldwide to adopt third-party solutions for competitiveness. Consequently, local founders can now successfully serve global enterprise needs, with Poland investing in a portfolio company.