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[New] from a16z @speedrun:
The Outsider founders are winning the AI B2B race
we used to say founder x market fit was everything
but in this AI wave, Outsider founders who are AI native are outmaneuvering their industry veteran competitors
just look at @TennrOfficial (healthcare), @HebbiaAI (finance), @happyrobot_ai (logistics), @evelegalai (legal) & @DecagonAI (customer support)..... these are all Outsider founders w/ no prior experience in the verticals they now sell into
so why is this?
#1 - right now, AI technical excellency trumps industry expertise
--> These founders combine AI fluency w/ exceptional problem solving skills to quickly map the inner workings of a vertical from an Outsiders perspective and how AI can automate that work
--> many will bring on a "board of Insider advisors" early to help validate their approaches and leverage their rolodex
#2 - new verticals w/out a scaled SaaS player are now in play
--> Agentic AI products don’t just help workers become more efficient, they can take action and complete work autonomously
--> Therefore companies can spend way more for these products as they don't just tap into IT budgets, they actually displace labor spend
--> That means that offline verticals w/ historically small IT budgets and no vertical SaaS winners are now ripe for a venture scaled vertical AI disruptor
= from food distribution to car dealerships to home services to agriculture, it will be Outsiders who will come in and automate the backoffice functions for these verticals
#3 - the barriers for Outsiders to sell into the enterprise have dropped dramatically
--> most companies have a tops-down mandate and dedicated budget to explore AI initiatives. They’re actively pulling new solutions into their organizations and open to experimenting with pilot partners
--> for some products, where PLG and bottoms-up adoption makes sense, Outsiders can let their product and marketing strategies be their ticket into their buyer
so, today, founder - market fit should be based on required skillsets to win in a space, not simply on tenure & domain expertise in a vertical
here at @speedrun we’ve invested in teams of exceptional Outsiders such as @ArtifactOffcial (accounting), Anchr (food distribution), Bead (SOX compliance) + many more
if you’re a team of Outsiders primed to disrupt a boring business, head to sr [dot] a16z [dot] com to apply for speedrun
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