The Death of Apps: Why the 20-Year App Economy is Ripe for Disruption

In this episode, we sit down with Peter Harris, Founder ofUniversity Growth Fund, to discuss the shifting landscape of the app economy and the rise of AI-native talent. Peter explores why traditional SaaS models are under threat as the cost of software production plummets and AI agents begin to bypass the “walled gardens” of legacy platforms. We dive into his unique venture capital model, where 50 to 60 student interns run the fund, and why he believes the future of education must move from “pretend working” to real-world reps. Peter also shares a surprising take on the generational gap: why older professionals currently hold the advantage in the AI era due to the critical importance of experience-based prompting.

Join us as we discuss:

• [1:36] Why the shared experience of mobile apps is dying in the age of agentic AI

• [12:42] When an LLM strategy transcends its organization’s own usefulness

• [16:19] Empowering students by handing them the keys to real investment portfolios

• [23:14] The power of experience in navigating AI outputs and hallucinations
  

Check out these resources we mentioned during the podcast:

• VC Pete YouTube Podcast

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