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Today Elevation announces Fund IX to back Indian founders through a once-in-a-lifetime AI moment.
I live in the Bay Area, and every week I watch some of the best engineers I know get offered absurd, life-changing packages to move here. It's easy to look at that and conclude India is getting left behind in this platform shift. I think that's just wrong, and I'd bet a lot of money on it.
Here's what's actually happening. As software gets rebuilt for this era, value is moving up the stack, from models to infrastructure to applications. That's exactly where India's talent has always been strongest. But the bigger shift isn't about the stack at all. It's about ambition. The engineers I'm meeting now aren't asking how to land a job at a hot startup. They're asking how to start one. Some of them are packing a laptop and a few months of runway and moving to SF, not to get hired, but to go build the next Google or Stripe themselves. That's a completely different animal than the talent migration we've seen in past cycles, and honestly it's the most energizing thing I've seen in this industry in years.
I've spent enough time on both sides of the India-US corridor to say this with real conviction: the first generation of category-defining AI companies is going to come out of India. Fund IX exists to back the founders who are going to prove that.
Read more about Elevation's Fund IX here: lnkd.in/g9F5f42k
@radusuma @mukularora Mridul @vaasbhaskar @chiragchadha9 @PoorviVijay @ElevCap
lnkd.in LinkedIn This link will take you to a page that’s not on LinkedIn I live in the Bay Area, and every week I watch some of the best engineers I know get offered absurd, life-changing packages to move here. It's easy to look at that and conclude India is getting left behind in this platform shift. I think that's just wrong, and I'd bet a lot of money on it.
Here's what's actually happening. As software gets rebuilt for this era, value is moving up the stack, from models to infrastructure to applications. That's exactly where India's talent has always been strongest. But the bigger shift isn't about the stack at all. It's about ambition. The engineers I'm meeting now aren't asking how to land a job at a hot startup. They're asking how to start one. Some of them are packing a laptop and a few months of runway and moving to SF, not to get hired, but to go build the next Google or Stripe themselves. That's a completely different animal than the talent migration we've seen in past cycles, and honestly it's the most energizing thing I've seen in this industry in years.
I've spent enough time on both sides of the India-US corridor to say this with real conviction: the first generation of category-defining AI companies is going to come out of India. Fund IX exists to back the founders who are going to prove that.
Read more about Elevation's Fund IX here: lnkd.in/g9F5f42k
@radusuma @mukularora Mridul @vaasbhaskar @chiragchadha9 @PoorviVijay @ElevCap