1、STARTUP 2025BUILDING A BUSINESS IN THE AGE OF AIWhat venture capitalists are looking for from cutting-edge AI foundersTABLE OF CONTENTSThe Future Starts Right Here .3AI Investment in 2025:Bubble,Rising Tide or Both?.5ARR vs.ERR:Weighing Experimental Income for AI Startups .8Pricing Software in the A

2、ge of AI.10Product Roadmap:Separating Signal from Noise .12The Pull of Data Gravity .14The KPIs That Matter .15GTM and Partnerships for AI-Native Startups .17How AI Founders Nail the VC Meeting .19Early Days,Distant Horizons .21Next Steps .22Table of Contents|2 STARTUP 2025:BUILDING A BUSINESS IN TH

3、E AGE OF AITHE FUTURE STARTS RIGHT HEREWere told,repeatedly and fairly convincingly,that the vanguard of advanced AI technology being led by large language models and generative AI is going to fundamentally change the world.The work being done in labs and office parks,the funding decisions being mad

4、e by venture capital firms,will cumulatively catapult the world into a new era.But if AI is going to change everything,surely it will start with that very process,the way the businesses bringing AI to market are born and nurtured.It seemed like a smart theory,and it matched what we were seeing from

5、the new businesses working with the Powered by Snowflake Startup Program.So we decided to do a little digging.To understand what the age of AI has done to the perpetual pursuit of funding,we interviewed a group of venture capitalists who partner with Snowflakes startup program.Eight experienced fund

6、ers in the United States and Europe explained how their approach has changed when it comes to considering and funding an AI-based startup and how much it hasnt.The first thing we learned is that its kinda crazy out there.Every time you blink,the performance and cost of artificial intelligence has ta