Riskgaming

How Applied Intuition used the Valley’s hardest lessons to upgrade automotive with autonomy

May 31, 2024
Qasar Younis, co-founder of Applied Intuition, shares how they achieved a $6 billion valuation and a partnership with Porsche by applying Silicon Valley's startup practices to the automotive industry. They discuss the importance of culture, recruitment strategies, open-source technology, Tesla's impact on the industry, and the role of VCs in startup growth.
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ANECDOTE

Startup-Focused Hiring at Google

  • Qasar used a unique recruiting method at Google, only hiring people with startup ambitions.
  • This filtered out those who aimed for long corporate careers and attracted startup-focused talent.
INSIGHT

Automotive Industry's Software Shift

  • Automotive embraces software transformation much like other industrial sectors.
  • The car industry, representing 3% of global GDP, is shifting to software and AI for new growth.
ANECDOTE

Tesla's Industry Disruption

  • Tesla's influence transformed how the automotive industry views electric and autonomous vehicles.
  • The Model S and Full Self-Driving tech made software-centric cars mainstream and consumer-first.
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