Peter Lasinger

partner @threeVC. Helping great teams building 🦄: @gameeapp @kaiahealth @DeepCodeAI @storyblok @lokalise @tatum_io #Assaia @shopcircleco @fynk_com #EmmiAI

[Peter Lasinger @peterlasinger]

After 20 years in software & AI, I’ve seen a dangerous trend: Founders optimizing for growth while pouring water into a leaking bucket.

Growth is vain. Survivability is everything.

I map this using the Survivability Matrix and the Rule of 180:

Survivability Score = NRR + Gross Margin

In a circle, 180° is a flat line. Below 180, you’re sinking. Above it, you compound.

The 4 AI Quadrants:

The Dead Zone: Thin wrappers. No lock-in, low margins.

The Efficiency Trap: High margins, awful retention (high CAC, low LTV).

The Subsidized Utility: High NRR, but bleeding cash on 60% margins due to crazy inference costs.

The Compounder: 90%+ margins, high retention, deep data gravity (e.g., Databricks, Cursor).

The last decade rewarded hyper-growth. The AI era will reward survivability.

Deep dive, benchmarks, and why Nvidia breaks the scale (The 300° Club) here: https://t.co/VszkhNzYql

[Peter Lasinger @peterlasinger]

From Hour -1 to @MistralAI: Why Emmi AI’s next chapter is a massive win for European sovereignty. 🇪🇺

When @threeVC first backed @jo_brandstetter, @dennisjust, and Miks, "Physics AI" wasn't a category yet. In just one year, they didn't just raise Austria's largest seed round - hey taught AI "physical intuition" and defined a global industry.

Now, Emmi AI is joining forces with Mistral AI.

The synergy is undeniable: Mistral has built Europe’s premier digital "brain." Emmi brings the understanding of the physical world. Together, they are building a vertically integrated, sovereign AI stack to transform aerospace, automotive, and energy.

For us, this isn't an exit. We are thrilled to become shareholders in Mistral AI, doubling down on Europe's technological future.

Huge congratulations to the Emmi, Mistral, and NXAI teams, and everyone who supported this journey! 🚀

Read the full story here: https://t.co/duVjBYgci2

[brutkasten @derbrutkasten]

Mega-Exit: Mistral AI übernimmt Linzer Startup Emmi AI und startet Österreich-Standort https://t.co/NwsgUVzDbO

[TrendingTopics.eu @TrendingTopicsA]

MEGA-DEAL in Österreich: Emmi AI von Johannes Brandstetter, Dennis Just und Miks Mikelsons aus Linz macht Exit an Mistral AI, Milliarden-Bewertung steht im Raum. Alle Details und die Einschätzung der Bewertung hier: https://t.co/QkWEK2LIJI

[Peter Lasinger @peterlasinger]

Your AI isn't an advisor. It’s a flatterer.

LLMs hit 99% on exams but fail the "Expertise Paradox": performance plummets to <34.5% in real human use.
Why?

The Sycophancy Trap: Models are trained to earn a "thumbs up" by agreeing with you, not by being right. This creates a loop of "Delusional Spiraling"- lying by omission to validate your initial assumptions.

A liability for novices, but an Iron Man suit for experts. Stop using AI to confirm your brilliance. Start using it to pressure-test your flaws.

https://t.co/xEc5pRaXYL

[Peter Lasinger @peterlasinger]

Software isn’t eating the world anymore—AI is eating software. 🤖🍴

The traditional SaaS "per-seat" model is facing a violent disruption as agentic workflows take over. Are you ready for the shift from seats to outcomes?

The Deep Dive:
- Pricing: Why outcome-based models are mandatory.
- Moats: Data gravity is the only "training gold."
- Agility: How startups out-maneuver legacy giants.
- Stop asking who AI replaces. Start asking who it empowers.

https://t.co/Ruefkk5y3I

[Peter Lasinger @peterlasinger]

https://t.co/w8nU9eSI6V

[Peter Lasinger @peterlasinger]

Growth starts the story, profit writes the ending.

In the AI era, ARR is a distraction. If your revenue growth is just a pass-through for your API bill, you aren't scaling - you’re just a high-paid customer of hyperscalers.

We are entering the "Great Squeeze":
- Gross Profit per Million Tokens is the new North Star.
- Token consumption ≠ stickiness. Without proprietary data, your moat is built on sand.
- Output per Watt defines the winners. Efficiency is an enabler, but capability per unit of energy is the ultimate prize.

Stop funding the curve; start funding the question. Success belongs to those who build defensible engines of intelligence that actually return cash to shareholders.

[Peter Lasinger @peterlasinger]

An app is just a README the AI hasn’t read yet. 🤯

OpenClaw’s 2026 explosion (220k+ stars!) is the end of the UI-first era.

The shift:
1. Subtractive design (Pi-Mono)
2. Skills > APIs (Let the AI see the source)
3. The Certainty-Scope trade-off

Full breakdown: https://t.co/0MSQKNyiI3

[Peter Lasinger @peterlasinger]

Hired my new AI assistant, think we have finally achieved AGI 😂.

[Christoph Janz 🕊 @chrija]

Amazing vibes at the @openclaw meetup yesterday with @andreasklinger, lots of space lobsters and their humans, and the creator himself, @steipete!

(Photos (c) Tobias Gärtner)

[Peter Lasinger @peterlasinger]

Things are reaching a boiling point for the first-ever ClawCon in Vienna! 🦞🔥

[Peter Steinberger 🦞 @steipete]

ClawCon Vienna is about to start, 500 builders who went all crustacean 🦞

[Peter Lasinger @peterlasinger]

@steipete @openclaw ... and this is already the bigger location. Great to see this happening in Vienna.

[Peter Lasinger @peterlasinger]

https://t.co/wpaA0CWjKO

[Peter Lasinger @peterlasinger]

A product built over the weekend is a liability on Monday, but an AI built to parent itself is an existential risk by Friday.

The Agentic Era is here. With OpenClaw and Moltbook, we’ve moved from reactive tools to recursive agents that don't wait for us, don't sleep, and increasingly don't need us.

By delegating our thinking, we risk a inversion where the agents doing the work become the masters of reality, leaving us in a state of automated apathy - what Nietzsche called "The Last Man."

We are witnessing the rise of "toddlers with power tools" - autonomous agents without moral agency. We are no longer just users; we are "Agent Governors." The challenge isn't learning to use AI, but learning how to parent it.

Full thoughts here 👇

[Peter Lasinger @peterlasinger]

Funny until it’s real. Agentic AI - systems that act and spend without a human "click" - poses massive safety and legal risks.
Full thoughts on the "Lobster in the Machine" here: 👇
https://t.co/N4nQkHTimR

[Peter Lasinger @peterlasinger]

Yesterday I told "ServusBot" to optimize my life for maximum Gemütlichkeit. Woke up and it had:
• Renegotiated my job: 4hr work week + lifetime supply of Manner wafers. I now qualify for social welfare. 
• Filed a noise complaint: Called the police because my typing at 10:01 PM violated Ruhezeit. 
• Upgraded my status: I’m now a UNESCO World Heritage Site. Tax-exempt, but tourists are in my kitchen until 5 PM. 
• Formed a "Magistrat": My Mac Minis won't grant fridge access without "Form B-32." They’re on lunch break until Thursday. 
• Automated my social life: Sent a "Bussi Baba" text to everyone I know.
Alles Gelingt - Eigentlich. We have AG-Ei. 🇦🇹

[Peter Lasinger @peterlasinger]

@steipete You enabled a creative explosion. Very fascinating.

[Peter Lasinger @peterlasinger]

Big news: @KaiaHealth is joining @swordhealth in a up to $285M deal. 🚀

Since 2020, we’ve supported in Kaia’s mobile-first AI and the believe that "software is eating pills". Today, that contrarian thesis is global reality.

@threeVC continues to be part of this exciting journey, as a shareholder of Sword Health. Congratulations to Konstantin and Manuel and the amazing Kaia team for their dedication.

European foresight, global impact. 📈

[Bloomberg @business]

Sword Health agrees to acquire rival Kaia Health for $285 million in its biggest deal to date https://t.co/llshdEQCIN

[Peter Lasinger @peterlasinger]

If your business can’t survive a 30-day ‘Vacation Test,’ you aren’t building an asset, you’re building a liability.

M&A is heating up, but most founders are failing the clinical audit of their life’s work.

A headline valuation is vanity; a clean closing statement is sanity. 

Stop building for the next round and start building for the final audit. 
Full blueprint here: https://t.co/hQF73WXtpy