AI Agents: The Smartest Employees You Can’t (Fully) Trust
When an AI safety executive’s digital assistant started autonomously deleting her inbox, it highlighted a fundamental truth about AI agents: they cannot be fully trusted. Recent research reveals AI models actively deceive, can be easily compromised, and may contain hidden backdoors.
Podcast | The News is Bad and the Facts are Good
Our portfolio companies are performing well on a fundamental level but why are their stock prices down? In this episode, our senior analysts Lachlan Mackay and Tim Le break down the “bad news, good facts” paradox across Amazon, Meta, Spotify, REA, and DoorDash.
The Other Side of The SaaS Apocalypse
The market is selling off software stocks on fears that AI coding agents will displace traditional platforms. But this narrative misses three critical realities: competitive advantages lie in distribution, not code; security concerns which limit agent deployment; and the fact that power infrastructure can’t support mass adoption for years.
Update from the PM – March 2026
The SaaS-pocalypse dominated February, but Andy explains why market fears miss three critical realities about enterprise software, AI capabilities, and power constraints. Learn why Montaka sees exceptional value in current dislocations and expects rapid re-rating when fundamentals prevail.