Some Thoughts On Agents -

Chapter One's partners argue that agents are still early and that the largest investment opportunities lie in agent-specific infrastructure, developer tooling, and B2B/enterprise use. They argue that "agent experience" is a new problem space, since agents, not humans, are becoming the users of web interfaces. The post cites a Princeton SWE-agent paper showing that language models perform better on a custom agent-computer interface, and it names companies such as Browserbase, Apify, and Cognition's Devin. Chapter One says it invests $500K to $2M at the pre-seed and seed stages.