Thrive's Joshua Kushner warns Silicon Valley VCs against AI euphoria

Joshua Kushner, head of Thrive Capital, issued his first-ever investment letter warning that while the AI opportunity is enormous, "it would be a grave error to let excitement weaken our investment discipline." He urged Silicon Valley venture capitalists to avoid overvalued AI assets and invest selectively. Kushner acknowledged the scale of the AI opportunity while cautioning against hype-driven decision-making.

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