Blair Garrou joins the Money Moves Podcast as the show's first special guest, drawing on four tech cycles of investing to connect what Mercury Fund sees at the early stage with the forces shaping markets and politics. They discuss:
- Tech is the macro now. The largest tech companies operate like nation states, and understanding the economy means understanding tech.
- Value moves to the application layer. Like railroads, the internet, and cloud before it, AI's foundational layer will give way to domain experts building vertical applications.
- Enterprise AI is ready today. There's already enough data center capacity and model capability for every enterprise in America to use AI to get more efficient.
- The signal to watch: the Anthropic IPO, and whether it can start recycling capital back into private markets.
More episodes of Season Two of Money Moves can be found on YouTube: @TheMoneyMovesPod
