.@martin_casado calls this age of venture completely different from any before: "Some of these major model efforts were done with very, very small teams. One of the most popular multimodal models many people use was built with a team of about 20 people. The cost of that was probably $2 billion plus." "This is unheard of. In the history of humanity, in the history of engineering efforts, we've never been able to have 20 people productively use $2 billion. What does that even mean, to put that much money to work with that small of a team and that small of a timeline?" "One of the major stories of this wave is the fact that we're able to apply large amounts of money productively in short amount of times to whatever problem we're trying to solve." @a16z