New Episode of Founded & Funded, Is Generative AI Overhyped or Underhyped?
In our latest episode of Founded & Funded, Elisa La Cava has a meaty discussion about incubating Magnify at MVL and the importance of incorporating AI/ML into a product from the start. And, with the continuing chatter about OpenAI and #generativeai in general, Soma shares his thoughts on the hype, and Vivek and Sabrina dive into what will set companies that thrive apart from those that may have a hard time even surviving: Moats.
Founded & Funded Podcast
Magnify's Josh Crossman on Incubating a Startup, Bringing AI to the Customer Lifecycle
Customer Success teams are sorely constrained today, being asked to serve more accounts than they have the bandwidth to handle. This week on Founded & Funded, Magnify CEO Joshua Crossman Crossman and Investor Elisa La Cava dive into how the company's intelligent application is solving this problem, what it was like to be incubated at Madrona Venture Labs , finding product market fit, and the importance of incorporating AI/ML into a product from the start. You won't want to miss it.
Madrona News
Generative AI — Underhyped or Overhyped?
S. Somasegar 's take on generative AI is that it is simultaneously overhyped and underhyped right now. It is overhyped in the sense that everybody in tech is talking about it, and companies keep popping out of the woodwork. But, it is underhyped in that people don't yet realize how deeply AI is going to be woven into the daily fabric of our lives in the not-too-distant future. Read his full thoughts here.
Rover's Aaron Easterly on the love of pets and finding the right partners
"The fact that Madrona specializes in early stage, whether it's incubation or just early stage in general, means they really understand the ups and downs and the unknowable nature of building companies — not all investors appreciate that." — Rover CEO Aaron Easterly reflects on the early days of starting the company and the founder/investor relationship in a recent interview with Madrona.
Moats in the Era of Artificial Intelligence
Generative AI is clearly all the rage right now. NFX's generative tech market map already counts 500+ players and is only going to get bigger this year. But as with any other competitive market, the companies that will survive (and thrive) are those that can build deep and endurable moats. In the latest issue of Aspiring for Intelligence, Sabrina Wu and Vivek Ramaswami discuss how generative AI companies across the stack can differentiate based on five key moats.
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Company Performance, the New Currency?
There is intention in balance. In this week's Hooked on Talent, Audra Aulabaugh explores company #performance as the new currency and shares a variety of founder perspectives on what talent strategies look like in a conservative market. Is your team still connecting in the absence of open roles? Why or why not? Get the latest issue here.
Portfolio Company Roundup
Ovation Gathers Funding to Extend Research Network
Ovation 's latest plans for expanding its data business and research network were highlighted in the Wall Street Journal.
"It's about helping drug discovery be faster, be more efficient. One key component is access to samples and patient data, which is what Ovation is delivering." — S. Somasegar shared with the WSJ.
Tesorio launched a new feature leveraging OpenAI's GPT-3 to build an AI email assistant. It will help companies process their accounts receivable inboxes and take care of their customers' needs faster than ever before.
Plusdoc announced its first public release! Plus lets you take live snapshots of any app and embed them in the productivity tools you use every day.
Tesorio is hosting a webinar on January 25 to provide important insight into how CFOs navigate these times of uncertainty and stay ahead of the curve. Our very own Hope Cochran is participating.
iSpot.tv has you covered if you're curious about what commercials scored the best in 2022!!
Runway CEO Cristóbal Valenzuela recently gave a demo of Runway's video editing platform and chatted with Lukas Biewald on Gradient Dissent about the future of computation and creativity.
Highspot expands its global footprint into Canada, opening its fifth international office in Vancouver, British Columbia.