In this episode, Nathan and Erik sit down to analyze Hugging Face in light of its recent $235M Series D round. They analyze Hugging Face’s community and defensibility through the lens of other community businesses like ProductHunt and Yelp, assess its ability to fulfill its $4.5 billion valuation, and assess competitors and other notable companies in the space like Replit, Character, and Runway. If you're looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/cognitive
We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
TIMESTAMPS:
(00:00:57) Episode Preview
(00:01:52) Nathan’s Introduction
(00:04:57) Overview of Hugging Face and recent fundraising announcement
(00:08:13) Hugging Face’s product line
(00:16:47) Sponsors: Netsuite | Omneky
(00:18:36) Community driven businesses and HuggingFace’s moat
(00:23:23) Discovery and inference
(00:28:04) Hugging Face’s ideological nature
(00:31:31) Curation is key
(00:33:46) Keeping content fresh when AI moves so fast
(00:35:44) If Hugging Face is a $50 billion company one day, what would it look like?
(00:48:08) Hugging Face vs Replit
(00:57:19) Contrasting Hugging Face with other companies like Character and Runway
LINKS MENTIONED:
Hugging Face's LLM leaderboard
X/TWITTER:
@labenz (Nathan)
@eriktorenberg
@CogRev_Podcast
SPONSORS: Shopify | NetSuite | Omneky
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Omneky is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off.
Music Credit: GoogleLM
