Hulme: AGI hype correlates directly with founders' capital fundraising needs
Tom Hulme · Tom Hulme: Lessons from a 24x Angel Track Record, 275x on Robinhood & Making Billions on Uber |E1150 · 20VC with Harry Stebbings · May 8, 2024 · at 1:11:38
Tom Hulme, Managing Partner at GV, discusses AGI hype dynamics during a 20VC interview with Harry Stebbings.
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“I think there is a Correlation between how aggressively people predict AGI is coming and how much capital they need to raise. So you've got Emodi from Anthropic, you've got Altman, OpenAI, Musk, XAI, all of these guys are saying that it's just around the corner and this industry is moving incredibly quickly. Then in contrast, you've got Zuckerberg at Meta, you've got Demis Asabis at DeepMind, and they're a lot more cautious. They don't need to raise money.”
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