Who Wins in the Next Decade of VC | Margin and Price Matter Less in a World of AI | Sameer Dholakia
Bessemer Partner Sameer Dholakia discusses the firm's $5.75 billion fundraise and why artificial intelligence represents a larger supercycle than the internet and cloud combined. He explains Bessemer's underwriting logic for frontier foundation models like Anthropic, how valuation frameworks must shift to next-twelve-months revenue in an era of unprecedented growth, and why venture capital is bifurcating into mega-platforms and niche specialists. Dholakia also shares his operational philosophy on building corporate culture and why companies will continue staying private longer.
- Bessemer Venture Partners invested in Anthropic's Series D at a valuation of $15 billion pre-money and $18 billion post-money. Read →
- Bessemer Venture Partners closed $5.75 billion across new funds as private capital pools continue expanding to keep late-stage startups private. Read →
- Bessemer raised $5.75 billion on the thesis that artificial intelligence represents a larger supercycle than the internet and cloud combined. Read →
- Sameer Dholakia scaled SendGrid from $30M to over $200M in ARR by building around teammates rather than transactional co-workers. Read →
- Bessemer raised a $5.75 billion capital pool, allocating $1.75 billion specifically to seed and early-stage investments to secure enough shots on goal against rising entry prices. Read →
- The classic SaaS growth path of triple, triple, double, double, double (T2D3) no longer wins top venture backing when AI leaders grow 10x annually at scale. Read →