Speed is the only moat: a VC’s view on AI startups, valuations and the paradox of productivity

Faculty Lead

Gianluca Dettori, Chairman, Primo Ventures, Faculty Lead – AI Investment Landscape

About this AI Insight

Artificial Intelligence is creating unprecedented opportunities for innovation, but also raising new questions about sustainable competitive advantage. In a market where technologies can be rapidly replicated and business models quickly imitated, traditional barriers to entry are becoming weaker.

Drawing on his experience as a venture capitalist, Gianluca Dettori explores how AI is reshaping startup ecosystems, investment decisions, company valuations, and organizational structures. He argues that in many cases, speed has become the only sustainable moat: the ability to move faster, learn faster, and capture markets before competitors.

The paper also examines the emergence of agentic organizations, the productivity paradox generated by AI, and the leadership capabilities required to guide organizations through this transformation.

About the Author

Gianluca Dettori is one of Europe’s leading early-stage investors and a pioneer of the Italian venture capital ecosystem. As Chairman of Primo Ventures, he has spent more than two decades supporting technology startups, innovation, and entrepreneurship.

With a background in computer science and entrepreneurial experience as a founder, he has played a key role in connecting talent, technology, and capital, helping shape the development of Italy’s innovation landscape.

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