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This Week in Startups
Hacking Meta's AR glasses, a shakeup at Initialized, and the best startups of the decade | E2021
Oct 7, 2024
01:05:43
Snipd AI
AnhPhu Nguyen and Caine Ardayfio, Harvard students behind an innovative AR glasses demo, dive into fascinating tech developments. They discuss their project combining AI and AR for real-time facial recognition and explore ethical implications like privacy and safety. The duo also shares personal anecdotes about engaging the public with their technology. They touch on entrepreneurial aspirations and the necessity of responsible tech use, while navigating the challenges and future of augmented reality in mainstream society.
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Quick takeaways
- The demonstration of new AR glasses raised significant ethical concerns regarding privacy and the responsible use of technology.
- Young entrepreneurs from Harvard are navigating complex ethical landscapes while pursuing innovative ideas and attracting venture capital interest.
Deep dives
Turning Point in Private Equity
The current state of the private equity market is described as a turning point, with increased interest from investors looking to buy positions in various funds. One example highlights an offer made for a position in a fund that was only at a 20% discount compared to many offers being seen at discounts of 50% to 75%. This particular position, if sold, would yield a 1.5x return, potentially boosting the overall fund's value significantly. The conversation emphasizes the importance of balancing the decision to exit versus holding for future gains, especially given the fund’s already strong performance.
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