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Generative AI companies by revenue multiple:
• Hugging Face 150x
• cohere 100x
• Harvey 71.5x
• Perplexity 65x
• Mosaic Data Science 65x
• Glean 56.4x
• AI21 Labs 28x
• Anthropic 20.5x
• OpenAI 18.1x

(via Anand Sanwal CB Insights)

My first startup grew from 0 customers to a $3.7 billion acquisition. But how did we actually get our first customer?

Getting those first few customers required finding our 'desperate users.'

This is the approach I took to find customer #1:

1) Create a cold emailing…

Our room during YC when we first started Mixpanel in 2009.

Stay strong founders. You got this!

1/1 How seed funding adapted in 2023 with Jenny Lefcourt Michael Cardamone Renata Quintini
Higher bar, pricier rounds, better valued news.crunchbase.com/seed/us-invest…

Should You Use PLG as a Seed Startup?

Important post from Sendspark Founder Bethany Stachenfeld that all early stage founders should read when thinking about GTM

notoriousplg.substack.com/p/nplg-12524-s…

📊Founders looking to raise a <$1M pre-seed round: consider the median valuation and median cash raised data. h/t Carta

In March 2022, I declined a $100M offer received on Twitter to acquire CB Insights

1. Here's how it went down in screenshots
2. A reminder to never check/respond to Twitter DMs

cc: CBI board, investors & team

AMA

The ML ecosystem in France is on fire🔥 It has amazing talent and resources. Here are 10 facts you might not know:

1. There are great research labs - from Mistral AI and kyutai to large ones from AI at Meta and Google DeepMind. The Llama 2 and CodeLlama authors are based in…

Most startups fail—we all know this—but it’s different when it’s your startup.

If your product isn't taking off, here are seven concrete actions you can take today to try to turn things around...

# On the 'hallucination problem'

I always struggle a bit with I'm asked about the 'hallucination problem' in LLMs. Because, in some sense, hallucination is all LLMs do. They are dream machines.

We direct their dreams with prompts. The prompts start the dream, and based on the…

It took 11 months and 181 investor meetings to raise @Vimcal's last round

Fundraising at the bottom of the market... really sucked

Here are 5 crucial things to know if you're raising in 2024:

Narrative violation for the 'progressive' left: The American Dream is alive and well.

12% of American Families are now Millionaires
'Perhaps most noteworthy, there really are a lot of true millionaires. About 16 million American families—just over 12%—have wealth exceeding $1…

a healthy society is one where the growth in the number of players exceeds the growth in the number of referees

All the updates from Open AI Dev Day
Open AI’s dev day was terrrrriffic. Sam Altman launched a new language model, with tons of added powers. Then announced a bunch of other models to API. Took some sweet time to chat with Satya (and poke him about OpenAI and Microsoft’s…

The hardest part about startups and investing is that just when you think you have it all figured out, you don’t.

As much as I Ionged for experience, that very same wisdom can bite you in the ass. There are so many smart founders and investors and as soon as one thing works…

Seed pricing is worse than it has ever been.

Multi-stage funds are paying up like never before.

WTF happens from here.

This is an absolute banger with Ed Sim on the three types of seed round today, pricing, growth rounds, M&A and so much more...

Top 7 Lessons: 👇

With many 🧩 dropping recently, a more complete picture is emerging of LLMs not as a chatbot, but the kernel process of a new Operating System. E.g. today it orchestrates:

- Input & Output across modalities (text, audio, vision)
- Code interpreter, ability to write & run…

Gagan Biyani 🏛 Thank you for sharing this!

Really great talk by Bill Gurley on how regulatory capture is destroying the innovation we need so badly - please watch! The All-In Podcast

youtu.be/F9cO3-MLHOM