David Hsu

13 statements across 1 episodes · 7 bullish · 4 bearish · 1 people on the record · first statement Feb 7, 2024 by David Hsu · across every show →

On the record as a speaker too: David Hsu's record, appearances and statements → this page counts the times other people say the name.

Everything said about David Hsu, oldest first

Feb 7, 2024 positive
Disclosure
Hsu: Roughly half of Retool's early 20-40 employees were former founders
“One thing we did actually early on that I think has paid a lot of dividends, especially, you know, which was a lot larger now is we hired a lot of former founders. So I want to say like when we were, I don't know, 2030, 40 people, we were probably like half fo…”
David Hsu Feb 7, 2024 ▶ 10:00 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 bearish
Prediction Not checkable as stated
Enterprise AI skepticism will surge without clear returns within a year
“I do think that based on what we are hearing from customers, if we're not seeing returns in like a year or something, there will be more skepticism. So I think there is like a it is time bound, if you will, so.”
David Hsu Feb 7, 2024 ▶ 39:05 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 negative
Assertion Not checkable as stated
Many 2013–2017 startup founders held only single-digit equity by IPO
“If you look at actually a lot of founders in sort of, you know, the operations, statistics space, or, you know, those that fundraise, like, you know, 2013, 20 17, a lot of the founders by IPO only have a few percentage points, actually, for company.”
David Hsu Feb 7, 2024 ▶ 12:24 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 bearish
Opinion
Silicon Valley is still largely searching for real AI use cases
“Especially in Silicon Valley, where a lot of the innovation is happening, I think there's actually not that many AI use cases, to be honest, and, ah, AI, to me, even as of what, like January, 19, yeah, 19 to 24, still feels like, ah, in search of truly good us…”
David Hsu Feb 7, 2024 ▶ 24:58 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 positive
Disclosure
Hsu: Retool had 5-6 years of runway paying founders $30k-$40k
“I think that at that point we had raised something like maybe a million dollars, maybe a million and a half coming out of YC. So, I mean, to us to people, you know, that was a huge amount of money. I was like, wow, like how are you ever gonna spend a million a…”
David Hsu Feb 7, 2024 ▶ 8:03 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 bullish
Prediction Not checkable as stated
Hsu: AI workflows, not chat or agents, are the next value driver
“So we think sort of the AI workflow space is a really exciting space, and I think that is the next step in sort of delivering a lot of business value by AI. I personally don't think it's, you know, via chat or, you know, via agents quite yet, so.”
David Hsu Feb 7, 2024 ▶ 33:50 The State of AI in production — with David Hsu of Retool
Feb 7, 2024
Insight
Most early-stage startups die from losing motivation, not running out of money
“I think that's actually true in most startups. Actually, it's like most startups die in the early stages, not because you run out of money, but really because you run out of motivation.”
David Hsu Feb 7, 2024 ▶ 8:39 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 bullish
Prediction Not checkable as stated
Hsu: Open-source AI infrastructure and tooling is going to win
“We think the open source movement in AI, especially when it comes to all the supporting infrastructure, is going to win.”
David Hsu Feb 7, 2024 ▶ 23:34 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 bullish
Insight
Hsu: The best AI use cases exist in non-tech legacy enterprises
“If you go outside of Silicon Valley, there are actually a lot of use cases for AI, but, ah, a lot of this is not obvious. Like, you have to get into the businesses themselves”
David Hsu Feb 7, 2024 ▶ 27:37 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 neutral
Insight
Hsu: AI chat only boosts productivity 10-20% and won't replace employees
“The chat, again, will help you, like, 10 or 20%, but it's unlikely that you're going to replace an employee with chat. Like, you know, you're not going to be like, oh, I have a relationship manager at JPMorgan Chase, and I've replaced him with an, you know, AI…”
David Hsu Feb 7, 2024 ▶ 31:15 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 negative
Insight
Hsu: Higher valuation for the same quality company is always worse
“Higher valuation, given the same company quality, is always worse.”
David Hsu Feb 7, 2024 ▶ 12:44 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 positive
Opinion
Hsu: 60% to 70% of AI business utility comes from ChatGPT
“I think a lot of the utility in AI today like, I would probably argue 60, 70% of the utility, like, you know, businesses I found in AI is mostly via ChatGPT and across the world, too.”
David Hsu Feb 7, 2024 ▶ 30:13 The State of AI in production — with David Hsu of Retool
Feb 7, 2024 positive
Insight
Hsu: Best AI adoption is engineering-driven, not operations-driven
“I think the companies that adopt AI the best, it is going to be engineering driven, I think, rather than, like, operations driven or anything else.”
David Hsu Feb 7, 2024 ▶ 40:45 The State of AI in production — with David Hsu of Retool
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