startup

“Creating feature functionality that goes across the board that works the enterprise scale, it actually proves to be pretty hard to do, and what happens, what ends up happening to a lot of startups is that, that last mile, if you will, proves to be the killer, …”

“A venture firm early on, if there's no data points, we have to have something that we can hold onto and say, Yeah, these guys haven't done this before, but, right, they have some core insight or some knowledge of the market where they've spent more time on thi…”

“I don't think selling the data is the right thing to do. I think the right thing to do is to build services on your platform that take advantage of the data that let the people who might buy the data from you instead come and build businesses And transact on y…”

“I think we're gonna probably be seeing innovations from those types of companies, ah, before startups.”

“Doctors are not going to change. And at least not in any sort of timeframe that matters for a startup. Maybe, maybe 1015 years.”

“Oh god, yeah so big companies will come to you. If you're a startup here, they'll come to you and say, hey, we don't have any money, but we want to do a partnership, and like, they'll use terms like joint value creation. Like, you should just run fast from the…”

“If you look at any new company today, and I bet any startup in this room, most, if, you know, if not a hundred percent, certainly the vast majority of the data that you're working with is sourced, begins, and lives in the cloud.”

“Technology wise, they are more advanced, but there's only one Google and one Facebook, right, and everybody else is not like that, so don't try to do that. I mean, as a startup, that's very extreme.”

“Don't be better than someone. Be totally different. It's the only way to stand out and provide value.”

“Basically my advice is not to start a startup with a data scientist. You know, focus on getting to MVP, getting some traction, generating some real data, make good decisions early on, and then hire data scientists as you scale.”

“There are challenges for startups, because you don't have data.”

“The sweet spot these days is what we call weak supervision or semi supervision for startup.”

“If you have startups in your portfolio, I know we have at least one VC in the audience, so and they're trying to do something in deep learning. They're trying to build a new product with some of this technology. I think you'll find that they do struggle with i…”

“The key is to, you just, you need, you just really need, like, an order of magnitude, kind of better technology and product, like, it just really raises the bar, right, because it's essentially an old problem in startups, which is you're competing against bund…”

“And I think that that is the promise of LLMs and startups. It's not to build better versions of things that exist today, but rather to kind of reimagine some of the tools and systems that we use in an LLM centric way.”

“If you care so much around about the factfulness of your applications, you're probably not a startup, right? Startups, you know, you want to ship fast. You do whatever works best. You assemble something, it's shipped.”

“I would not recommend you thinking about partnerships, or scaling go to market, or hiring salespeople, or even raising a lot of money, to be honest, before you feel really confident that you have a product that solves a problem, that you can scale, that you ca…”

“As the cost to train all these large language models becomes bigger and bigger, Amazon's talking about a billion dollars for a single run or ten billion dollars for a single run. It's beyond the realm of startups to really spend any time there.”

“Initially, for a startup, I think it's operationally doesn't matter, in my opinion. All it matters, it's built an extreme customer-centric culture.”

“I do think like if you're early starting out, There's no problem in probably bringing on some sort of consultant to do maybe more of the data engine work and then bring on a full-time maybe analyst to kind of work on top of that is what I'd imagine would be go…”

“Cause like, if you were really savvy, there's probably some parts of the market where you keep like, oh, I could somehow use this LP capital to do work for me as my startup. And there's like a window where you can find those exploits.”