

Susan Liu
Partner at Uncork Capital focused on seed-stage B2B and frontier tech investing, known for investing in AI applications and vertical software with domain-expert founders.
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Mar 6, 2026 • 29min
What VCs Really Want From AI Startups in 2026
Susan Liu, Partner at Uncork Capital who backs seed-stage AI and vertical software, shares what matters to early investors. She breaks down the team-market-product framework. She explains the product wedge and the ROI test buyers use. She warns that churn is coming for pilots without measurable ROI and outlines how Series A expectations have shifted.


