Zetta Venture Partners

8 statements across 1 episodes · 3 bullish · 3 bearish · 1 people on the record · first statement Nov 20, 2017 by Ash Fontana · said 6 times in 1 episodes since 2017 · across every show →

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Everything said about Zetta Venture Partners, oldest first

Nov 20, 2017 bearish
Disclosure
Zetta avoids consumer AI and superficial AI overlays due to data disadvantages
“What we're not spending time on are things where AI, well, we don't spend any time in the consumer stuff because a lot of that data is owned by bigger companies, and it's very hard to get a data advantage there, and we don't really spend time on things that ha…”
Ash Fontana Nov 20, 2017 ▶ 5:55 The Evolution and Impact of AI // Ash Fontana, Zetta Venture Partners
Nov 20, 2017 bearish
Disclosure
Fontana: Zetta maintains a firm thesis against horizontal AI investments
“From the very beginning of our fund, we just said we're not going to invest in anything that's horizontal.”
Ash Fontana Nov 20, 2017 ▶ 6:45 The Evolution and Impact of AI // Ash Fontana, Zetta Venture Partners
Nov 20, 2017
Insight
AI startups must reject on-premise deployments to build defensible data moats
“And some of those customers will ask you to do an on-prem private deployment, will ask you to not use their data to train anything that you do, and you need to reject those customers. Because you are not going to build a company that has any sort of moat aroun…”
Ash Fontana Nov 20, 2017 ▶ 15:03 The Evolution and Impact of AI // Ash Fontana, Zetta Venture Partners
Nov 20, 2017 bullish
Disclosure
Fontana: Zetta invests when startups prove dataset predictive value
“We're really interested when a company has a unique data set, and they've started to show that it has some predictive value. So it can, you know, they've run an experiment to show that it's predictive of something at a very high level of accuracy or they've pu…”
Ash Fontana Nov 20, 2017 ▶ 1:13 The Evolution and Impact of AI // Ash Fontana, Zetta Venture Partners
Nov 20, 2017 positive
Disclosure
AI startups boost productivity by hiring from biology, physics, and econometrics
“Looking really far, you know, relative to Silicon Valley mindset, really far afield into some of those disciplines to hire people has been immensely productive for companies that we work for.”
Ash Fontana Nov 20, 2017 ▶ 17:58 The Evolution and Impact of AI // Ash Fontana, Zetta Venture Partners
Nov 20, 2017 positive
Assertion Supported
Fontana: Zetta was the first fund focused on intelligent systems
“We lay claim, which sounds like a funny claim to lay today as being the first fund completely focused on intelligent systems.”
Ash Fontana Nov 20, 2017 ▶ 0:15 The Evolution and Impact of AI // Ash Fontana, Zetta Venture Partners
Nov 20, 2017
Assertion Contradicted
Fontana: Zetta was the largest investor in Kaggle when it sold
“We were the, Biggest investors in Kaggle when they sold on the board there.”
Ash Fontana Nov 20, 2017 ▶ 8:26 The Evolution and Impact of AI // Ash Fontana, Zetta Venture Partners
Nov 20, 2017 negative
Disclosure
Ash Fontana: Zetta does not look for revenue traction in seed AI startups
“What we don't look for is traction, right? Like by the time a company has revenue and whatever else, it's sort of, One, if you think of what my job is, it's to find things that other people can't find that are valuable, and it's pretty obvious at the point whe…”
Ash Fontana Nov 20, 2017 ▶ 9:16 The Evolution and Impact of AI // Ash Fontana, Zetta Venture Partners
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