I had missed this cute collage that @SalesforceVC
, our esteemed series D investor, made of Thomas, Clem and I.
STARTUPS
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SalesforceVC Collage Featuring Series D Investment Team
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YC Events and Conference Value in Startup Ecosystem
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Always the case YC events (mentioned here) are filtered cause it's YC founders where only 1% or smth gets accepted Conferences and events are generally low value if anyone can attend
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HighByteInc’s Post-Series A Vision for IIoT Solutions
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Curious about @HighByteInc's plans post-Series A raise? Dive into their vision for the future of #IIoT solutions & how they're evolving to tackle upcoming industrial challenges. Don't miss the insights! https://t.co/BP09LMGTh9 #sponsored #highbyte_iiot #industry40 @GregorianCT1 pic.twitter.com/hpmS6UrL0U
— Lucian Fogoros (@fogoros) 9 mai 2024Curious about @HighByteInc
's plans post-Series A raise? Dive into their vision for the future of #IIoT solutions & how they're evolving to tackle upcoming industrial challenges. Don't miss the insights! https://
buff.ly/3UnbFKs #sponsored #highbyte_iiot #industry40 @GregorianCT1 -
Europe’s Startup Culture Needs Building Not Conferences
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Events are another problem of Europe's startup system, it's a fake portrayal of productivity You think Open AI started by attending meetups and events? What Europe needs is people actually building stuff, and the governments enabling them Not more startup conferences
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Jarvislabs: Bootstrapped Indian GPU Company’s Journey and Vision
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Ola recently announced that they are bringing affordable AI to Indian developers.
— Vishnu – Jarvislabs.ai (@vishnuvig) 9 mai 2024
𝐉𝐚𝐫𝐯𝐢𝐬𝐥𝐚𝐛𝐬 an Indian company has been providing affordable GPUs for developers across the globe since 2020. We are a little known, so I want to share our story here.
𝐖𝐡𝐨 𝐰𝐞 𝐚𝐫𝐞… pic.twitter.com/0M0YfFABHyOla recently announced that they are bringing affordable AI to Indian developers. 𝐉𝐚𝐫𝐯𝐢𝐬𝐥𝐚𝐛𝐬 an Indian company has been providing affordable GPUs for developers across the globe since 2020. We are a little known, so I want to share our story here. 𝐖𝐡𝐨 𝐰𝐞 𝐚𝐫𝐞 We are bootstrapped, building from the outskirts of Coimbatore. Started as a small team of 4, from humble backgrounds none from IITs/IIMs. Currently, we are a team of 12+. 𝐖𝐡𝐚𝐭 𝐰𝐞 𝐚𝐜𝐡𝐢𝐞𝐯𝐞𝐝 The cost of hosting GPU servers 4 years back in India was insanely high. We got 2 quotes which charged us Rs. 1.5L for a single server per month. At that cost, it was not practical for us to do the business. So we went to the first principle to build an MVP for a mini data center/server room. For the first few years, we ran all our servers from a room fitted with ACs, a UPS, and a Generator, which experts claimed would not work. As we scaled, we faced the heat of our setup, but by then we accumulated more money than we had. So last year we moved it to a tier 3+ DC near Bangalore. This helped us boost the confidence of our users, as we have redundancy for power, internet, and networking which gives us and our customers a lot of peaceful nights. 𝐖𝐡𝐨 𝐮𝐬𝐞𝐬 𝐉𝐚𝐫𝐯𝐢𝐬𝐥𝐚𝐛𝐬 Developers and artists from across the world have supported us in our journey. Some prominent companies are ZOHO (My inspiration), Weights and Biases, UNC, UpGrad, and many more. 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 We crossed 580K USD in the last financial year, the highest ever in our history. Being bootstrapped, the only way for us to grow is to put all the money back. Our customers are our investors, as a founder I have hardly taken a paycheck for the last 4+ years, since the team also believes in our vision they are happy not taking a fancy cheque. 𝐕𝐢𝐬𝐢𝐨𝐧 As AI evolves, we want to bring the capabilities of AI to users at the lowest prices possible. Being bootstrapped, the only way to survive is to be frugal and disciplined. 𝐇𝐢𝐫𝐢𝐧𝐠 I am proud of our hiring strategy. We hired only freshers to date, and most of our hires do not have a formal degree. They come from rural areas and economically challenged backgrounds. The average age of our new team is 19. They have played an active role in building our V2 of Jarvislabs and improving the product daily. I love to thank everyone for supporting us in our journey. Thanks to Analytics India Magazine, INDIAai, fastai for recognizing us in our early years. If our story resonates with you, Please share our story to inspire others & support our mission. #StartupIndia
→ View original post on X — @sudalairajkumar, 2024-05-09 11:09 UTC
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Capital Raising and Accountability: A Rare Case Study
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It is the very very rare case and even then she raised an astonishing amount of capital and it took almost two decades before accountability.
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VCs Funding Innovation: Beyond AI Trends and Talent Costs
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Eh, I write articles all the time, and just finished a book? As to the last, If VCs like you would put real $ into something other than a fad (few seem willing to leave the beaten path) I might build indeed something but given the price of talent it would take significantly more
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Impact movements versus building business ventures strategy
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More impact to start/push movements than build another biz
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Eric Schmidt: European AI innovation hampered by capital and regulation
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Eric Schmidt says it's going to be rare to see the successes in Europe that you see in America and the UK:
— @levelsio (@levelsio) 9 mai 2024
"The fundamental reason is that they can't get the capital and Europe's regulatory structure is so prohibitive
It's really sad because the European talent pool is amazing,… https://t.co/HRWRiDua52 pic.twitter.com/DonI2f2kvQEric Schmidt says it's going to be rare to see the successes in Europe that you see in America and the UK: "The fundamental reason is that they can't get the capital and Europe's regulatory structure is so prohibitive It's really sad because the European talent pool is amazing,
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RefuelAI LLMs Outperform GPT-4 and Leading Models
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Congrats @nihit_desai and @RefuelAI team! Awesome to see your #LLMs outperforming #GPT4 and other leading models!