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* Originally published on Calcalist , April 20 2023 Since the day ChatGPT was introduced in November 2022, it has become the fastest growing consumer product, putting the words ‘generativeAI’ in the mainstream. GenerativeAI is advancing at a breakneck speed.
Case in point, below are recent examples of European emerging managers who are standing out (from an upcoming report by Dealroom ) For newish VC funds, being in “emerging manager mode” means operating differently from established venture capital firms. They often provide hands-on operational assistance beyond just capital.
A recent essay covered the ‘AI gold rush’ and as it related to startups operating in this area, very much ‘caution ahead’ in terms of building a sustainable, differentiated business. Are there specific paths/opportunities in AI that you believe startups are actually better qualified to take advantage of than incumbents?
You can find the previous editions from Q3-Q4 2022 , Q1-Q2 2022 , July 2021 , July 2020 and May 2019. A new landscape by Greenfield Partners mapped 25 startups (and several unicorns) operating in this space was published by Calcalist in Jan 2023. The Israeli GenerativeAI landscape.
The fields that generativeAI addresses—knowledge work and creative work—comprise billions of workers. GenerativeAI can make these workers at least 10% more efficient and/or creative: they become not only faster and more efficient, but more capable than before. Sequoia, GenerativeAI: A Creative New World.
Many investors complain that the technology is over hyped -and now it’s official – generativeAI is at the peak of Gartner ‘s hype cycle for emerging technologies in 2023. After all, the adoption of generativeAI has been faster than many other technologies, including smartphones.
The first time I wrote about startup benchmarks was in 2019 and it became one of the most popular posts on VC Cafe. Burn Rate Definition: Burn rate is the rate at which a startup is spending its capital to finance operations before generating positive cash flow. Companies faced higher customer churn and downgrades.
Currently, the streaming space is dominated by Twitch, Youtube and FB Gaming and I would expect to see this trend continue and new tech (perhaps leveraging generativeAI) for better viewer engagement. billion in 2019 to $3.2 GenerativeAI enters Gaming in a big way. billion in 2024.
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