The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Scale Founder Alex Wang on How To Hire Incredible Talent Before You Are A Hot Company, Why Beating Competition Is Not As Clear Cut As Investors Believe & Why AI Is Under-Hyped Today In Terms of Total Impact

13 snips
Sep 6, 2019
Alex Wang, Founder and CEO of Scale, shares insights on his journey from Los Alamos to running a billion-dollar AI data platform. He discusses why he believes AI is currently under-hyped and how to differentiate true AI innovations from mere rebrandings. Wang also emphasizes the importance of hiring the right talent before achieving unicorn status and the complexities of competition in the startup world. His perspective on data quality and hiring practices provides valuable lessons for aspiring entrepreneurs.
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ANECDOTE

Alex's Path to Scale

  • Alex Wang, Scale AI CEO, worked at Quora and Addepar before MIT.
  • He dropped out to found Scale, initially telling his parents he'd return.
ADVICE

Post-University Career Path

  • Join a small startup after university to gain experience in a strong environment.
  • Starting a company later, after learning from existing organizations, is beneficial.
ANECDOTE

Los Alamos Influence

  • Growing up in Los Alamos, a scientific community, shaped Alex's mindset.
  • This environment focused on knowledge influenced Scale's culture.
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