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Talking Shop with Medha Agarwal and Amy Yin of Early Stage Firm Defy
Nov 18, 2023
Medha Agarwal and Amy Yin join Defy as a GP and Venture Partner respectively. They discuss their experiences in the tech industry, investment strategy and market conditions, challenges of investing in the AI space, and the potential for investor side deals.
34:07
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Quick takeaways
- The board shakeup at OpenAI raises concerns about future direction and governance.
- Defy's new investors, Medha Agarwal and Amy Yin, are interested in the future of work, verticalization of AI, and increasing female representation in venture capital.
Deep dives
OpenAI announces departure of Sam Altman
The board of OpenAI announced that Sam Altman would be parting ways with the company due to concerns about his communication with the board. Co-founder and CTO, Ilya Sutskever, would assume the position of interim CEO, while Greg Brockman, co-founder and president, announced he would be leaving as well. The news caused a stir in the tech industry, with many questioning the board's actions and the future direction of OpenAI.
