Semil Shah is back for another episode of Generative Quarterly with Michael Mignano, Lightspeed Partner and host of Generative Now. Semil is a founding General Partner of Haystack and a Venture Partner at Lightspeed. Semil and Mike discuss the seed investing landscape, challenges and opportunities in building consumer tech, and competition between Apple and Google. Episode Chapters (00:00) Welcome and Introduction (00:37) Shohei Ohtani and Baseball (03:25) State of Seed Investing (11:04) Semil’s Advice on Pitching Venture Capitalists (14:26) VC Fund Dynamics and AI Hype Machine (18:42) Miami’s Tech Scene (19:18) Building the Next Big AI Consumer Product: Hype vs Reality (26:52) Apple’s New iPhone: Where is the Apple Intelligence? (32:17) Google Android (34:04) Conclusion  Stay in touch: www.lsvp.com X: https://twitter.com/lightspeedvp LinkedIn: https://www.linkedin.com/company/lightspeed-venture-partners/ Instagram: https://www.instagram.com/lightspeedventurepartners/ Subscribe on your favorite podcast app: generativenow.co Email: [email protected] The content here does not constitute tax, legal, business or investment advice or an offer to provide such advice, should not be construed as advocating the purchase or sale of any security or investment or a recommendation of any company, and is not an offer, or solicitation of an offer, for the purchase or sale of any security or investment product. For more details please see lsvp.com/legal.