Prasad Kini
VP, Architecture & Engineering · CVC
Two arcs in parallel. One on shipping software with AI. The other on private credit, from inside it. Both operational, not theoretical. Observations from doing the work.
Two questions before letting any code path act on its own. The dispute webhook decision that taught me to weigh them, and why the answer changes with scale.
The AI is fast at producing code. The cost is the choices it makes when nobody's steering.
The AI is about twenty percent of what makes it possible. The rest is years of pipeline investment.
Beyond "low rates": banks pulled back, institutional capital went looking for yield, and direct lenders filled the gap.
An insider-but-outsider explainer: what it really is, why the category exists, and why every firm in it ends up building its own patchwork.