Last week, I wrote to my portfolio companies with a simple message: the game is changing fast. The global order is being renegotiated in real time, driven by the inversion of globalization and the rise of AI.
These forces are creating confusion, hesitation and for the sharpest operators – opportunity.
If you’re a founder, executive or investor, this message is for you.
My message to portfolio companies
Sent on 6 April 2025
We are living through an incredibly weird time. Two massive waves are crashing down upon us: the accelerating force of artificial intelligence and the dramatic inversion of geoeconomics. Each of these forces is disruptive on its own – but together, they are increasing the stakes for everyone.
In this message, I will address:
The geoeconomics wave
The AI wave
My advice to founders and business leaders
Let’s start with geoeconomics and the shifting posture of the global order.
Globalization, as we’ve known it for the past three decades, is being renegotiated, restructured from the ground up. This isn’t just a US phenomenon. Governments around the world are adapting to this new paradigm, where industrial policy, national resilience and sovereign control take precedence over global efficiency.
As political winds shift and global instability intensifies, so too does the appetite for risk and experimentation. Uncertainty is now the defining condition.
