Comment by sottol
1 day ago
But is that necessarily "AI native" companies, or just "recently founded companies with hindsight 20/20 and experienced employees and/or just not enough historic baggage"?
I would bet AI-native companies acquire their own cruft over time.
True, probably better generalized as "recency advantage".
A startup like Brex has a huge leg up on traditional banks when it comes to operational efficiency. And 99% of that is pre-ai. Just making online banking a first class experience.
But they've probably also built up a ton of cruft that some brand new startup won't.