$RAMP - Ramp has massive growth potential with less than 2% market penetration in corporate cards, while disrupting legacy competitors and transforming operations with AI agents
$TECHFOUND - Technical founders have a structural advantage in the AI era as they can better envision and build AI-native products compared to non-technical founders
$AIAGENTS - AI agents represent a fundamental shift in software development where the LLM becomes the code itself, enabling new product capabilities
$STABLES - Stablecoins offer interesting solutions for 24/7 payment settlement inefficiencies in traditional payment rails
Bearish:
$LEGACYSW - Legacy enterprise software companies with poor user experience like Concur are vulnerable to disruption from modern competitors focused on user experience
$AXP - American Express is losing market share to Ramp according to competitor complaints at industry conferences