Talking with Future Ventures about its new fund, AI hype, and Siri sucking (still)

For a firm whose bets are largely unpredictable, the early-stage venture firm Future Ventures has become very formulaic in its fundraising.
Now entering its fifth year, the firm just closed a $200 million fund – its third in a row. In fact, it would have exactly $600 million under management at this point if not for special purpose vehicles — pop-up funds, essentially — that it has raised to plow more money into some of its more capital-intensive companies and that bring the firm’s assets under management to $925 million.
As we highlighted when the outfit closed its second fund in

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