PERSON DIRECTORY
Mike Mignano
Mike Mignano appears in 1 indexed conversation across 20VC. This directory brings every appearance, source, TL;DR, digest, and transcript into one searchable feed.
Why Now is the Time for the App Layer | Why Startups Should be TokenMaxxing | Mike Mignano, USV
With OpenAI, Anthropic, and xAI building the infrastructure layer, Mike Mignano sees the application layer entering its value-creation window, though the buildout is not finished.Labs may lose the app layer to regulatory clearance, organizational context, and focused distribution, while startups can maximize token spend and exploit the 70% of markets left beyond the winner.The key variables are recursive self-improvement versus model commoditization, agent trust, routing economics, energy demand, and whether fund size matches repriced ownership and cash-on-cash math.