Foundation Capital Bets on AI’s ‘Great Reorg’

AI is driving enormous early-stage valuations, but Foundation Capital General Partner Joanne Chen says venture investors still need discipline when backing companies before they have products or customers. Chen joins Bloomberg to discuss how the firm identifies exceptional founders and her view that AI will reorganize companies and remove bottlenecks rather than simply eliminate jobs. Chen joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)