In this episode of the Equidom Podcast, Dan Gray and Daniel Faloppa discuss the evolving landscape of startups, particularly focusing on the impact of AI, changes in venture capital, and the bifurcation of opportunities in the software sector. They explore how the economics of SaaS have shifted, the challenges new companies face in a saturated market, and the need for investors to adapt to a new reality where traditional metrics may no longer apply. The conversation highlights the importance of understanding risk and the changing dynamics of funding in the startup ecosystem.