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20VC: Why No Models Today Will Be Used in a Year, Why Open Will Always Beat Closed in AI, Why Proprietary Data is Less Important Than Ever And Why EU AI Regulation is a Disaster with Alex Lebrun, Founder & CEO @ Nabla
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
The Importance of Proprietary Data in Startups
If me and you start a new startup in the same space at the same time, how much of an advantage is it to have existing proprietary data? I think VCs are always one train late. You need some to bootstrap your models. NABLA built a data set of 30,000 medical consultations with patient concerns. We have to pay doctors very hard to build this because we need this to bootstrap our product.
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