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Mention that you do “Consumer tech” as a startup founder and you’d be limiting your funding options to one third of the venture capital funds (in Israel that figure is probably closer to 10%). But change seems to be brewing in the B2C space, powered by the fast advancements in AI and generativeAI.
Most startups equate the process of fundraising to dating – founders have to typically kiss a lot of frogs until the find the right fit. Climate tech – We have a fair chance of avoiding catastrophic climate change if startups offer commercial solutions to decarbonize society or remove carbon from the atmosphere.
ChatGPT’s advanced voice mode and Eleven Labs are setting new benchmarks in conversational AI by enhancing voice quality and realism, NotebookLM’s natural voice podcast took the Internet by storm and new open source technologies are making high quality voice cloning easier than ever. This includes OpenAI’s latest round of $6.6
He's been an SEO specialist to Fortune 500 companies and venture backed startups around the world for two decades. AI is part of that story. Dale (03:16): Yeah, so Perplexity is one of many generativeAI search engines. And that looks different for a B2C journey versus a B2B journey. This is John Jantsch.
In July 2024, Israeli startups raised $703 million in 28 deals, more than double the amount raised in July 2023 (before the war). In the wider tech world, GenerativeAIstartups raised $14.4B It’s a testament to the fact that Israeli tech delivers #NOMATTERWHAT. in Q2 2024 alone, which is 16.5%
The first time I wrote about startup benchmarks was in 2019 and it became one of the most popular posts on VC Cafe. Key Metrics for B2B SaaS Startups: Annual Recurring Revenue (ARR) Definition: ARR is the yearly value of a company’s recurring revenue from subscription-based services.
While Israeli startups successes are well known in the B2B space (cybersecurity, enterprise tech, devops…), B2C startups are unsung heroes… The landscape of B2C tech in Israel is blossoming, despite several challenges. Meanwhile in the US, B2C startups raised $100 billion in 2022, 40% of the total funding.
The rumours on the death of consumer startups have been greatly exaggerated, it seems. However, entrepreneurs have never really stopped building new consumer experiences and technology (in particular GenerativeAI) is unlocking a new wave of innovation in consumer startups. So much so, that in fact, that only 7.1%
What triggered me to write about this is a post by afriend, who’s an experienced CTO and expert in AI. He commented on the way founders are pitching generativeAIstartups: I had the chance to meet several generativeAIstartups in the last few weeks. Below are a few examples that stand out.
In the tech world, Israeli startup Wiz turned down the $23 billion acquisition offer from Google and opted for going public instead. To add more heat, Microsoft launched generativeAI search results for Bing. Mistral AI released two new open-source LLM models (Nemo in partnership with NVIDIA ) and Large 2.
Riffing Off VC Charles Hudson’s Blog Post, Here’s What I’m Trying to Answer a group of different robots running a race, digital art [DALL-E] If startup founders sometimes ‘Build in Public,’ is the analogou sventure capitalist motto to ‘Think in Public?’ And then I read Charles Hudson’s post, which prompted me [AI PUN] to just write this down.
Their scale and resources enable them to innovate rapidly, making it challenging for startups to compete directly in this space. If startups do decide to compete on this ground floor, then they need to raise billions of dollars, most of which seems more like a Capex expense. The greater opportunity lies within the application layer.
It’s only been a bit over a month since the start of 2025 past year has witnessed seismic shifts in technology, from breakthroughs in generativeAI to emerging solutions in climate tech and healthcare. This is an extension of the previous list with new sources and startup requests. You can find the 2024 RFS list here.
In December 2004, 19 years ago, I started VC Cafe with the simple goal of sharing insights, resources, and perspectives on venture capital and startups (with a spotlight on Israel). Looking Back: A Year Defined by GenerativeAI 2024 will go down in history as the year generativeAI truly went mainstream.
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