For our post on the last day of TechCrunch, Natasha Mascaren reached out to four investors to find out if FOMO is encouraging them to jump on the AI bandwagon.
“Some are hiring talent to get a head start, others are happy to support ‘ChatGPT for X’ spinoffs, and many are watching in awe as their existing investments spark an AI debate of their own, no due diligence required ,” she wrote.
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Here’s who she spoke to:
- Charles Hudson, Managing Partner/Founder, Precursor Ventures
- Jason Lemkin, Managing Director, SaaStr Funds
- Cathy Guo, Partner, Sapphire Ventures
- Navin Chadha, Managing Director, Mayfield Fund
Congratulations, Natasha; I wish you all the best in your future endeavors!
thanks for reading,
TechCrunch+ Editorial Manager
@your leading role
Making the underlying models accessible: The struggle between closed-source and open-source AI
The amount of data required to train an AI model comes at a price: you need deep pockets to buy powerful GPUs and the scientists and engineers to manage the work, not to mention the power consumption and associated carbon footprint.
Given the enormous barriers to entry, is it worth considering whether an open-source underlying model could level the playing field and address privacy and bias concerns?
Jae Lee, CEO and co-founder of Twelve Labs, writes: “We have now entered a pivotal phase in AI where who builds and serves these powerful models has become an important point of discussion, especially as ethical questions begin to arise. out of the water.”
Unlocking the M&A code: 5 factors that make (or break) deals
A merger or acquisition is the start of a new relationship, which is why most people approach an exit with optimism.
“But the M&A space has not been all plain sailing,” wrote SmartBear CEO Frank Roe, who has made eight acquisitions in less than five years.
“This is a complex and risky decision not for the faint of heart. It is vital that the decision and process are approached with diligence and deliberation.”
In this TC+ guest post, he shares “Five Indispensable Elements to Consider for a Successful M&A Journey,” reminding readers that “there is no ‘secret formula.'”
Pitch Deck Teardown: Fibery’s $5.2M Series A Platform
Cyprus-based workflow and knowledge management platform Fibery raised $5.2 million in Series A funding in September 2022.
Haje Jan Kamps analyzes the winning presentation and shares his suggestions for improving his company’s 15 slides:
- cover slide
- question slide
- Solution slide
- Market Size Slideshow
- competitor slideshow
- Competitive Analysis Slides
- product slideshow
- “Building Blocks” Slideshow
- Feedback/Customer Verification Slideshow
- Go-to-Market Strategy Slides
- Business Model Slides
- traction slide
- Milestone slides so far
- team slides
- ask for slides
Ask Sophie: Can I apply for EB-1A without first obtaining an O-1A?
What do you think about applying directly for EB-1A instead of using O-1A first as a stepping stone?
— Escondido Extraordinary Engineer
3 Key Metrics for Cybersecurity Product Managers
Cybersecurity product managers typically measure conversion rates, detection accuracy, and usage/engagement to gain customer insights, but those metrics “may not be what they seem,” says investor Ross Haleliuk, also head of product at LimaCharlie.io wrote.
“Context matters, and the realities of different organizations, geographies, cultures and market segments heavily influence what can be measured and what can be done based on those observations.”