Conviction’s early AI bets are now worth $54B, with Baseten and Harvey above $11B each

saranormous · x · 2026-07-21

- A profile of Sarah Guo and Conviction, the AI-focused firm she launched after leaving Greylock. - The piece says Conviction seeded **Baseten** and **Harvey** before ChatGPT, and both are now reportedly worth **over $11B** each. - In its first year, Conviction also backed **Sierra**, **Cognition**, and **Mistral**; those three are now said to be worth **$54B combined**. - The article frames Guo as one of the investors closest to the AI frontier, with long-standing ties to people like **Jensen Huang**, **Sam Altman**, and **Nat Friedman**.

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