Part 4/4:

In some cases, this can present the biggest private equity opportunity of all time. The example of the dev tool company that grew from 0 to 40 million in revenue in just 3 months illustrates the potential for rapid market capture. However, this is not the case for all applications, and investors need to carefully assess the competitive landscape and the ability of new entrants to outpace the incumbents.

In conclusion, the AI value chain is a complex and rapidly evolving landscape, with each layer presenting its own unique challenges and opportunities. Investors need to be strategic and adaptable, constantly monitoring the shifting bottlenecks and competitive dynamics to identify the most promising investment opportunities.