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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%). Until now, consumer tech was perceived as a risky binary investment.
I previously wrote about the big tech titans battling the area of AI supremacy , mainly Google vs. Microsoft (via OpenAI) and also the past, present and future of tech wars. But the battle between LLMs isn’t just between the tech giants. The battle between the various large language models (LLMs) is heating up.
The company uses generativeAItechnology to provide small and medium-sized businesses with SEO content that is both affordable and of a high quality. The process begins with the brands selecting a subject, after which the platform generates text and suggests images that are pertinent to the content being created.
In addition, founders thinking about starting a company can be overwhelmed by choice, as there are so many problems to tackle with technology, but it could be comforting to know that investors are interested in those areas in the first place.
* 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.
However, the current hype around generativeAI feels different. Naturally, a technology like generativeAI has the potential to transform and impact many industries, if not all. Many intelligent individuals and consulting firms have written about various industries and their potential use cases for generativeAI.
After the incredible pace of 2021, tech has definitely pulled back in 2022. With every investment (no matter where we are in the roller coaster ride of the tech market), we ask ourselves “Why this mission-driven team?” In other words, we haven’t changed our philosophy or how we invest. On developing theses in emerging areas.
This will impact the world of media and entertainment in a profound way, across three areas: Content Generation : GenerativeAI is capable of creating diverse forms of content, including text, images, music, and video. This capability could revolutionise content production and distribution for media and entertainment companies.
They look at founders as their customers, and the best emerging managers will roll up their sleeves and do candidate reviews, pitch deck assistance and bespoke BD for startups, and personalised updates for LPs. The focus on entertainment tech meant that we always cared about content creation, distribution and monetisation.
One trend that was prominent at the conference was the rise of generativeAI in gaming. The reasons for the reduced spend on US gaming include: reduced discretionary spend due to inflation, reduction in post-COVID gaming hours and a thinner release slate of big titles, according to Matthew Ball.
Non-consensus investments , on the other hand, are those that defy popular opinion or seem risky due to unconventional business models, unproven markets, or early market entry. That led us to start investing in generativeAI in 2019 (consider that ChatGPT only came out in November 2022, that’s pretty early).
We had initially wanted to begin with a performance review product or a more conventional marketing product, but we started off in recruiting for very practical reasons: 1) We cared about the problem and 2) We were pretty sure we were going to win. Today, you’d look at Textio and say it’s an HR Tech company.
More About Lloyed Lobo: Follow Lloyed on LinkedIn Listen to the Traction Podcast Lloyed’s website Pre-order From Grassroots To Greatness: 13 Rules to Build Iconic Brands with Community Led Growth Get Your Free AI Prompts To Build A Marketing Strategy: Download now Like this show? Click on over and give us a review on iTunes, please!
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.
The costs later turned to likely be higher in reality, but the possibility of disrupting the dominance of US foundational models and the infrastructure they rely on (Nvidia) rattled the market and triggered a huge tech sell off and Nvidia’s loss of $650 billion in market cap in a single day.
It’s not perfect of course, and the majority of opportunities will come from entrepreneurs and not from investors, but it’s a good barometer of the current Zeitgeist in tech. AI Augmenting Human Capabilities ? This is a follow up to a similar post I published in 2024. Now is the best time in history to be a builder.
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