Post by Adam Pase

AI is rewriting the math of company building. Startups that once needed years and millions to scale now reach $100M ARR with a fraction of the capital and team size. But as valuations climb fast, the biggest question for investors isn’t whether to invest in AI—it’s when and where. I believe the most outsized returns will come from investing in formation stage vertical, agentic AI companies—workflow-deep systems that deliver measurable outcomes in high-barrier industries (i.e. real estate, construction, insurance etc). These markets have the structure, data, and complexity where agentic AI compounds value fastest. And as one of Stackpoint VC partners Bessemer Venture Partners recently noted, the “Built World” alone represents trillions in opportunity for domain-specific AI. You can learn more in our latest thought leadership piece on how early-stage investors can capture 3× more ownership by investing before the AI premium sets in. See link in the comments.