Right About AI Tech != Right About The Valuation: VC Warns of Bubble Risks

saranormous · x · 2026-08-02

Prominent VC Sarah Tavakoli warns that investors can be maximally long on AI technology while remaining skeptical of current entry valuations.

Drawing a parallel to Cisco during the dot-com bubble, she notes that those who bought at a 200x P/E ratio in March 2000 were fundamentally right about internet traffic growth, yet still lost 85% of their investment. Being right about the technology does not equate to being right about the financial surplus and valuation.

Related event: Investors Warn: Believing in AI Tech Won't Save You from Valuation Bubbles(2 posts)→

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