Silicon Valley investor and entrepreneur Kim Perell said that despite the dominance of artificial intelligence in tech sector conversations, startup investors continue to rely on the same core fundamentals that have long guided investment decisions. Perell made the remarks during a media roundtable at South Summit Madrid 2026, as reported by BusinessWorld .

Perell emphasized that factors such as strong teams, clear market demand, and sustainable business models remain paramount, even as AI startups attract significant attention and capital. She noted that while AI can enhance efficiency and create new opportunities, it does not replace the need for disciplined due diligence and a viable path to profitability.

The investor's comments come at a time when global venture funding for AI companies has surged, yet many seasoned investors caution against overlooking fundamental metrics. Perell's perspective suggests that the hype around AI should not distract from the timeless principles of startup evaluation—a reminder for both founders and investors navigating the current landscape.