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Startup Project: Build the future

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Feb 16, 2025 • 47min

Seattle's Ambition to Become the Next Silicon Valley | Aviel Ginsberg | Startup Project #93

Join host Nataraj as he sits down with Aviel Ginsberg, the founder of Simply Measured (acquired by Sprout Social), managing director at Amazon's Alexa Accelerator, general partner at Founders Co-op, and now co-founder of Foundations, a shared workspace and accelerator designed to bolster Seattle's VC ecosystem.About the Episode:This episode explores Aviel's journey through the Seattle tech scene, from his arrival during the 2007 recession to his current venture. He discusses the evolution of Founders Co-op, their investment strategies, and the challenges faced by startups in the Pacific Northwest. Aviel shares insights into his investment philosophy, emphasizing the importance of founders' motivations and the long-term vision for their companies.Aviel also delves into the creation of Foundations, a community-driven space aimed at connecting founders, investors, and mentors. He discusses the need for such an anchor in Seattle's ecosystem and how it addresses the unique challenges faced by startups in the region. The conversation touches upon the changing landscape of venture capital, the impact of large language models, and the future of Seattle's tech community.About the Guest and Host:Aviel Ginsberg: Co-founder of Foundations, founder of Simply Measured, managing director at Amazon's Alexa Accelerator, and general partner at Founders Co-op. → LinkedIn: https://www.linkedin.com/in/avielginzburg/→ Website: https://seattlefoundations.org/Nataraj: Host of the Startup Project podcast, Senior PM at Azure & Investor. → LinkedIn: / natarajsindam→ Twitter: https://x.com/natarajsindam→ Email updates: ⁠https://startupproject.substack.com/⁠→ Website: ⁠⁠⁠https://thestartupproject.io⁠⁠⁠Timestamps:[00:00] Introduction[00:30] What is Foundations?[00:51] Aviel’s journey with Founders Co-op[01:21] Navigating the 2007 Recession[03:22] Early days in the Seattle tech scene[03:36] Transitioning from employee to founder[06:46] Founders Co-op’s current focus[08:16] Evolving investment thesis[08:45] The art of investing in founders[10:47] The importance of people over product[11:07] Investing strategies and FOMO[14:23] Deal makers and breakers[14:36] The motivation of founders[16:47] De-risking entrepreneurship and motivation[18:56] The rise and fall of first-time funds[20:18] Exaggerated opportunity sizes[21:16] The realities of early-stage investing[22:20] The distortion of valuations[22:57] Winners bias and trillion-dollar companies[23:13] The illusion of constant growth[26:37] The Ally acquisition and Microsoft Viva Goals[27:50] Was the acquisition a fund returner?[28:32] The Clubhouse story[29:23] The importance of knowing when to sell[30:20] The trend of secondaries[30:50] Incentivizing founders[31:25] The future of secondaries[32:50] The vision behind Foundations[38:33] What else does Seattle need?[39:05] The need for pre-accelerators[40:38] Lack of pre-seed funds[41:02] Accessing Bay Area capital[42:41] What are you consuming?[43:14] Podcasts, books, and movies[44:31] What do you wish you knew about investing?[44:39] The long feedback loops of investingSubscribe to Startup Project for more engaging conversations with leading entrepreneurs!→ Email updates: ⁠https://startupproject.substack.com/⁠#startupproject #seattle #startupecosystem #venturecapital #founders #foundations #simplymeasured #founderscoop #amazon #alexaaccelerator #techstars #innovation #entrepreneurship #podcast #youtube #technology #investing  #davidishim #readai #ai #artificialintelligence #meetings #productivity #hybridwork #remotework
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Feb 10, 2025 • 45min

Revolutionizing Workflows with AI Agents | Jacob Bank | relay app | Startup Project

Jacob Bank, founder and CEO of Relay.app, former product lead at Google, discusses the transformative role of AI agents in modern workflows. He shares insights on Relay's evolution from a workflow tool to an AI-driven automation platform and the significance of robust integrations. Jacob emphasizes customer acquisition through community building and usage-based pricing models. Additionally, he reflects on entrepreneurial lessons, the future of AI in business, and the dynamic shifts it brings to team structures and productivity.
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Feb 3, 2025 • 57min

Building a Billion-Dollar Portfolio: David Blumberg's Investment Strategies | Startup Project #91

Join host Nataraj on the Startup Project podcast as he sits down with David Blumberg, a seasoned investor with over three decades of experience in early-stage tech companies. From his early days at T. Rowe Price to founding Bloomberg Capital, David shares his unique journey and insights into the world of venture capital.About the Episode:This episode explores David's evolution as an investor, from his initial interest in government to his realization that business and entrepreneurship were the true drivers of positive change.  He discusses his early investments in Israeli tech companies, his time at Claridge, a prominent family office, and the lessons he learned along the way.David shares his investment philosophy, emphasizing the importance of strong teams, large market potential, and minimal competition. He highlights his experience with successful companies like Double Verify and Nutanix, emphasizing the value of repeat founders and the power of building strong relationships.The conversation also delves into David's personal investment strategy, his passion for energy humanitarianism, and his belief in the potential of AI to revolutionize various industries. He shares his insights on the evolving landscape of venture capital, the importance of continuous learning, and the impact of regulatory changes on the business world.About the Guest and Host:David Blumberg: Founder and Managing Partner of Blumberg Capital, a venture capital firm focused on early-stage and growth investments. → LinkedIn: https://www.linkedin.com/in/davidjblumberg→ Website: https://blumbergcapital.com/Nataraj: Host of the Startup Project podcast, Senior PM at Azure & Investor. → LinkedIn:   https://www.linkedin.com/in/natarajsindam/→ Twitter: https://x.com/natarajsindam→ Email updates: ⁠https://startupproject.substack.com/⁠→ Website: ⁠⁠⁠https://thestartupproject.io⁠⁠⁠Timestamps:00:01 - Introduction and Guest Introduction00:42 - David's Location and Work Model00:54 - David's Career Journey and Interest in Tech Investing01:22 - Early Influences and the Importance of Entrepreneurship05:10 - First Tech Investment and Israeli Tech Ecosystem09:22 - Israel's Tech Growth and the Yozma Program13:45 - Government's Role in Fostering Innovation17:53 - The Israeli Military's Influence on Entrepreneurship19:54 - Experience at Claridge and Transition to Bloomberg Capital24:34 - The Evolution of Venture Capital and Bloomberg Capital's Strategies27:15 - Working with Repeat Founders30:40 - Decision-Making in Pre-Seed Investing34:19 - Defining Talent in Early-Stage Founders39:32 - Importance of Domain Expertise41:11 - Lawyers in Leadership Roles43:15 - Bloomberg Capital's CIO Innovation Council48:29 - Personal Investment Strategy and Energy Humanitarianism51:39 - Admired Investors and the Venture Capital Landscape56:06 - Current Consumption (Books, Podcasts, etc.)01:00 - Mentors and Their Influence01:01 - Advice for Young InvestorsSubscribe to Startup Project for more engaging conversations with leading entrepreneurs!→ Email updates: ⁠https://startupproject.substack.com/⁠#StartupProject #VentureCapital #Investing #TechInvesting #Israel #Entrepreneurship #Podcast #YouTube #Tech #Innovation #Energy #Humanitarianism #AI #CIO #BloombergCapital
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Jan 13, 2025 • 54min

From Zero to $50 Million Read.AI's Explosive Growth | David Shim Founder of Read AI | Startup Project #90

This episode of Startup Project tackles that very problem! Join host Nataraj as he sits down with David Shim, CEO of Read.ai, a company that just raised $50 million in Series B funding to revolutionize how we handle meetings and work in general.About the Episode:This insightful conversation dives deep into Read.ai's innovative AI-powered meeting summarizer. David, a repeat founder, trader, investor, and former CEO of Foursquare, shares his journey, from the initial spark of an idea during a particularly unproductive Zoom call to Read.ai's current position as a top meeting note-taker. He reveals the secrets behind their rapid growth, achieving a remarkable climb from #20 to #2 in the world in less than 18 months – all with zero dollars spent on media marketing!David discusses his unique approach, combining video analysis with text, to create meeting summaries that go beyond simple transcriptions. Learn how Read.ai analyzes sentiment, engagement, and even subtle cues like speaking pace to deliver truly insightful summaries. The conversation also touches upon the future of work, with David advocating for hybrid work models and sharing his perspective on the current AI hype cycle. He provides a compelling vision for Read.ai's evolution into a true "co-pilot" for everyone, everywhere, seamlessly integrating with various platforms to streamline workflows and boost productivity. The discussion extends to David’s own investment strategies, offering valuable insights into his approach to venture capital and angel investing.About the Guest and Host:David Shim: CEO of Read.ai, repeat founder, trader, investor, and former CEO of Foursquare. Connect with David: → LinkedIn: https://www.linkedin.com/in/davidshim/.→ Website: https://www.read.ai/Nataraj: Host of the Startup Project podcast, Senior PM at Azure & Investor. → LinkedIn: https://www.linkedin.com/in/natarajsindam/→ Twitter: https://x.com/natarajsindam→ Email updates: ⁠https://startupproject.substack.com/⁠→ Website: ⁠⁠⁠https://thestartupproject.io⁠⁠⁠Timestamps:00:02 - Introduction and Guest Introduction00:54 - David's Location and Work Model01:17 - Remote vs. Hybrid Work Models03:37 - The Origin Story of Read.ai05:50 - Read.ai's Initial Idea and Technological Challenges08:42 - Analyzing Video and Text Data11:33 - The Evolution of Read.ai's Product and Value Proposition12:41 - Overcoming Challenges in Product Adoption and User Experience14:50 - Customer Acquisition Strategy and Product-Led Growth16:58 - Word-of-Mouth Marketing and Inherent Virality19:43 - Read.ai's Expansion Beyond Meeting Notes: "Copilot Everywhere"20:16 - Vision for Read.ai as a Universal Work Copilot22:57 - Targeting Specific Verticals While Maintaining a Horizontal Approach24:55 - Foundation Models and Pricing Strategies29:15 - David's Perspective on the Current LLM Landscape30:37 - Using AI to Optimize Internal Operations at Read.ai34:09 - Thoughts on AI Agents and Their Current State36:44 - Read.ai's Vision for the Next Few Years41:11 - David's Investment Thesis and Strategies46:21 - David's Early Career in Trading50:59 - Current Consumption (Books, Podcasts, etc.)52:38 - Mentors and Their Influence54:13 - Lessons Learned as a Founder and InvestorSubscribe to Startup Project for more engaging conversations with leading entrepreneurs!→ Email updates: ⁠https://startupproject.substack.com/⁠#StartupProject #ReadAI #AI #ArtificialIntelligence #Meetings #Productivity #HybridWork #RemoteWork #VentureCapital #AngelInvesting #SeriesB #Funding #Entrepreneurship #Podcast #YouTube #Tech #Innovation #AIEverywhere #Copilot
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Dec 28, 2024 • 26min

#89 Secret Weapon Behind Small Businesses Success | Hello Alice Co-founder Elizabeth Gore

Ever wondered what it takes to build a thriving small business and secure funding in today's competitive landscape? This episode of Startup Project dives deep into the world of Hello Alice, a platform revolutionizing how small businesses access resources and capital. Join host Nataraj as he sits down with Elizabeth Gore, co-founder and president of Hello Alice, a company recently valued at $130 million! In this insightful conversation, Elizabeth shares her incredible journey, from her background in agriculture and humanitarian work to co-founding Hello Alice. Learn how she transitioned from supporting the UN to empowering 1.5 million small business owners across the US. We explore Hello Alice's innovative approach to financial technology, providing access to grants, loans, and crucial business planning services. Discover how Hello Alice itself generates revenue, beyond its mission-driven approach. Plus, we uncover the fascinating story behind their recent legal battle and how they navigated this challenge. Nataraj: Host of the popular Startup Project podcast, Nataraj brings his expertise and engaging interview style to this episode. → LinkedIn: ⁠⁠https://www.linkedin.com/in/natarajsindam⁠⁠   → Twitter: ⁠⁠https://x.com/natarajsindam⁠⁠ → Email updates: ⁠⁠⁠https://startupproject.substack.com/⁠⁠⁠ → Website: ⁠⁠⁠⁠⁠https://thestartupproject.io⁠ Elizabeth Gore: Co-founder and President of Hello Alice, Elizabeth is a powerhouse in the small business ecosystem. Her experience and insights make this conversation invaluable for aspiring and established entrepreneurs. **Timestamps:** 00:01 - Introduction and Guest Introduction 01:07 - Elizabeth's Early Career and Background 03:13 - Hello Alice's Products and Services 04:47 - Hello Alice's Business Model and Revenue Streams 05:42 - Acquiring Early Customers and Growth Strategies 07:55 - The Main Needs of Hello Alice's SMB Customers 08:27 - Grants vs. Loans: Hello Alice's Funding Approach 09:24 - The Value of Grant Applications for Startups 10:02 - Post-COVID Trends in Small Business 12:36 - Popular Software Used by Small Businesses 14:01 - Customer Acquisition Strategies for Small Businesses 15:03 - Hello Alice's Future Plans and Growth Targets 16:26 - The Hello Alice Lawsuit and Its Impact 17:42 - AI's Role in Hello Alice and Small Businesses 19:15 - The Regulatory Environment for Small Businesses 22:14 - DEI Initiatives and Their Impact on Small Businesses 23:49 - Unique and Thriving Small Businesses 25:07 - Elizabeth's Information Consumption Habits 25:49 - Elizabeth's Mentors and Influences 26:17 - Lessons Learned as a Founder 26:51 - Advice for Aspiring Small Business Owners #StartupProject #HelloAlice #SmallBusiness #Entrepreneurship #Funding #Grants #Loans #BusinessGrowth #Fintech #AI #DEI #SmallBusinessFunding #BusinessTips #Podcast #Entrepreneurs #Innovation #ElizabethGore #Nataraj
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Dec 16, 2024 • 50min

#88 How to Market a Database Product? | CMO of SingleStore Madhukar Kumar

Madhukar Kumar is the Chief Marketing Officer at SingleStore (formerly MSQL), a cloud-native database company that has raised over $300M in funding. In this conversation, we explore the intersection of technical marketing, product-led growth, and the future of AI in marketing: In this episode, we cover: (00:02) Introduction and SingleStore overview (01:56) CMO role and marketing strategy (04:12) Marketing technical products to developers (08:21) Product-led growth initiatives (14:12) Product-led sales and enterprise marketing (17:49) Career transitions and journey (21:14) Skills needed for product marketing (26:12) Marketing spend and channel effectiveness (28:24) Admirable brands and marketing approaches (31:41) Evolution of communication in marketing (35:23) Perspectives on AGI (44:05) Career challenges and overcoming them (47:47) Current influences and recommendations (48:52) Mentors and career guidance (49:53) Key marketing lessons learned Where to find Madhukar Kumar: → Madhukar's LinkedIn: https://www.linkedin.com/in/madhukarkumar/ Nataraj is the host & creator of Startup Project podcast, he is a full time product manager at Microsoft, early stage investor & advisor. → LinkedIn: https://www.linkedin.com/in/natarajsindam   → Twitter: https://x.com/natarajsindam → Email updates: ⁠https://startupproject.substack.com/⁠ → Website: ⁠⁠⁠https://thestartupproject.io Referenced: - SingleStore: https://www.singlestore.com/ - Apple Marketing - Webflow - dbrand Marketing - Pegasus Documentary - "The Beginning of Infinity" by David Deutsch #ProductMarketing #TechMarketing #SingleStore #DatabaseTechnology #DeveloperMarketing #ProductLedGrowth #MarketingStrategy #CMOInsights #B2BTech #EnterpriseMarketing #CareerTransitions #MarketingLeadership #StartupMarketing #CloudComputing #TechIndustry #BrandBuilding #AIinMarketing #MarTech #TechnicalMarketing #EnterpriseSales
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Dec 1, 2024 • 52min

#87 DocuSign Founder on Building $16B Company | Court Lorenzini

Guest: Court Lorenzini | Founder of DocuSign & FounderNexus Host: Nataraj | Senior PM at Azure, Creator of Startup Project & Angel Investor Subscribe to Startup Project Newsletter for valuable founder insights: https://startupproject.substack.com/ Join Nataraj in conversation with Court Lorenzini, co-founder of DocuSign and serial entrepreneur, as they delve into the world of startups. Court shares his incredible journey, from early engineering roles to leading DocuSign to its multi-billion dollar company. **Timestamps & Topics:** * **00:01:246 - 00:35:234:** Introduction and welcome to Court Lorenzini. * **00:40:246 - 01:16:782:** Court's background – Engineering career and early entrepreneurial ventures. * **01:50:102 - 02:05:838:** Discussion about Cisco's impact on fostering successful entrepreneurs. * **02:05:838 - 03:30:4:** Court's entrepreneurial journey: Early days of building companies and his approach to exiting around year five. * **03:34:004 - 05:06.042:** The genesis of DocuSign: Original idea, acquisition of IP, and the name's origin. * **05:06.042 - 06:35.318:** DocuSign's journey to product-market fit – a slow grind and long-term vision. * **06:35.318 - 09:46.848:** Key early customers: Microsoft and the National Association of Realtors – how these partnerships propelled DocuSign's growth and the importance of inbound vs outbound sales. * **09:46.848 - 11:22.828:** DocuSign's continued market dominance – exploring the reasons behind its success and the competitive landscape. * **11:22.828 - 14:07.594:** The core reasons for DocuSign's success: human preference for consistency and robust APIs for data integration. * **14:51.042 - 16:02.894:** Court's exit strategy from DocuSign and the incredible return on investment. * **16:10.026 - 17:12.088:** Court's ambition and his subsequent ventures, including a successful renewable energy company and a spectacular failure (Metabright). * **17:12.088 - 20:46.198:** Detailed analysis of Metabright’s failure and the lessons learned. * **20:46.198 - 23:48.586:** Court’s methodology for evaluating new opportunities – validating the idea and actively trying to kill it. * **23:48.586 - 25:01.294:** Introduction to Founder Nexus – a unique approach to supporting the next generation of founders. * **25:01.294 - 27:25.304:** The vision and purpose of Founder Nexus: increasing the odds of success for venture-scale founders. * **27:25.304 - 28:15.446:** The mathematical model of startup success and how Founder Nexus aims to improve each variable. * **28:15.446 - 29:27.704:** Comparison with similar communities like Hampton and Offline, and the importance of community curation. * **29:27.704 - 31:18.678:** Founder Nexus's unique approach to community building – focusing on lived experience and ongoing learning. * **31:18.678 - 33:26.323:** The structure and format of Founder Nexus events – short forums and rotating groups. * **33:26.323 - 35:07.126:** Traction and future plans for Founder Nexus – expansion beyond Seattle and the goal of global reach. * **35:07.126 - 37:08.072:** Court’s approach to investing in venture funds – focusing on early-stage, and often non-traditional funds. * **37:08.072 - 37:45.686:** Observations on the outperformance of women-run funds. * **37:45.686 - 40:36.635:** Thoughts on valuations and the current investment climate – focusing on early-stage deals and late-stage pre-IPO opportunities. * **40:41.27 - 42:06.304:** Court's personal investment strategies – both early-stage and late-stage pre-IPO investments. * **42:17.11 - 43:56.438:** Discussion about the surge in bio and energy companies in Seattle during the Obama administration. * **44:07.934 - 46:20.299:** Court’s decision to pursue three master's degrees and their impact on his career. * **46:36.566 - 48:25.076:** Current reading and listening – books and podcasts influencing Court's thinking.
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Nov 19, 2024 • 59min

#86 Building RelationalAI: AI Coprocessor for Snowflake | Molham Aref CEO & Founder

My guest today is Moham Aref, CEO of RelationalAI, a company that recently closed a $75 million Series B funding round. Moham shares his incredible journey spanning over 30 years in the AI and machine learning space, offering invaluable insights for aspiring entrepreneurs and tech enthusiasts alike. Moham Aref, CEO of RelationalAI, Moham brings a wealth of experience, having previously led LogicBlox and Predictix, and now spearheading Relational AI's mission to simplify intelligent application development. → Website: ⁠https://relational.ai/ → Linkedin: https://www.linkedin.com/in/molham/ Nataraj is the host & creator of Startup Project podcast, he is a full time product manager at Microsoft, early stage investor & advisor. → Linkedin: https://www.linkedin.com/in/natarajsindam/ → Twitter: https://x.com/natarajsindam → Email updates: ⁠https://startupproject.substack.com/⁠ → Website: ⁠⁠⁠https://thestartupproject.io⁠⁠⁠ Podcast Highlights: This episode covers a wide range of fascinating topics, from Molham's extensive career journey to the intricacies of the modern data stack and the transformative potential of Relational AI's technology. We unravel the complexities of descriptive, predictive, and prescriptive analytics, demystifying these crucial concepts for a broader audience. We also discuss the challenges of finding those first five customers in the B2B world, the strategic decision to build on Snowflake, and the potential for future competition and cannibalization by larger platforms. Molham thoughtfully shares his perspective on the current hype surrounding Generative AI and its practical applications in the enterprise space. We finish with advice on leadership, mentorship, and the overall challenges and rewards of a career in tech. Timestamps: 00:00 - Introduction and Guest Introduction 01:55 - Molham Aref's Career Journey and Transition to Relational AI 08:30 - Understanding Descriptive, Predictive, and Prescriptive Analytics 12:00 - Early Use Cases and Target Customers for Relational AI 17:30 - The Decision to Build on Snowflake: Strategy and Competition 22:15 - Securing the First Five Customers in the B2B World 27:40 - The Modern Data Stack and Relational AI's Place Within It 34:30 - Generative AI: Hype, Reality, and Enterprise Applications 40:00 - Leveraging Generative AI Internally and for Customer Value 45:00 - B2B Sales Strategies: Content, Relationships, and Customer Focus 51:30 - Relational AI's Future Plans and Growth Strategy 54:00 - Molham's Consumption Habits: Historical Insights and Mentorship 58:30 - Lessons Learned as a Founder and CEO Don't forget to like and subscribe for more insightful conversations about the world of AI! → YouTube: ⁠https://youtu.be/9-J4eV8qvZg⁠ → Spotify: ⁠https://open.spotify.com/episode/3Og8mbra1cokQ5cRJdjZn1?si=iqEOqKLLSqSbk8ehkniFqg⁠ → Apple podcasts: ⁠https://podcasts.apple.com/us/podcast/85-ai-should-not-be-regulated-author-ml-researcher/id1551300319?i=1000673806783⁠ → Email updates: ⁠https://startupproject.substack.com/⁠ → Others: ⁠https://spotifyanchor-web.app.link/e/qYaG6vhTRNb⁠#ModernDataStack #RelationalAI #AI #MachineLearning #DataAnalytics #PredictiveAnalytics #PrescriptiveAnalytics #GenerativeAI #Snowflake #B2B #Entrepreneurship #TechPodcast #DataManagement #BusinessIntelligence #CloudComputing #TechLeadership #CareerAdvice #Innovation #DataStrategy
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Oct 21, 2024 • 1h 22min

#85 AI Should Not be Regulated - Author & ML Researcher Pedro Domingos #ai #regulation

For video version watch the episode on: → YouTube link: https://youtu.be/9-J4eV8qvZg Join us as we dive deep into the world of AI with Pedro Domingos, a machine learning pioneer and author of the acclaimed book "The Master Algorithm." Pedro shares his insights on the current AI hype cycle, the real impact of AI on society, and how he sees the future of this transformative technology. Guest on the episode: Pedro Domingos (Author and Machine Learning Professor) → Website: pedrodomingos.org → Linkedin: https://www.linkedin.com/in/pedro-domingos-77b183/ → Twitter: https://x.com/pmddomingos → Read Pedro's new book 2040: https://2040novel.com/ Host: Nataraj (Investor at Incisive VC, angel investor, and Senior Product Manager) → Linkedin: https://www.linkedin.com/in/natarajsindam/ → Twitter: https://x.com/natarajsindam → Email updates: https://startupproject.beehiiv.com/ → Website: ⁠⁠https://thestartupproject.io⁠⁠ In this episode, we discuss: 00:00 - Introduction:** Meet Pedro Domingos, a legend in the field of machine learning. 03:28 - Early Career:** Learn how Pedro got into machine learning in the 80s, a time when it wasn't considered "cool". 08:17 - AI vs. Machine Learning:** Pedro clarifies the difference between these two terms and explains why machine learning is the driving force behind all other AI applications. 13:26 - The AI Hype Cycle:** Pedro discusses the rapid progress of AI, but also warns of the potential for a stock market bubble if the hype exceeds the reality. 21:45 - LLMs and the Future of AI:** Pedro analyzes whether the current hype around LLMs will lead to AGI and speculates on what breakthroughs might be needed to get there. 31:44 - The Master Algorithm:** Pedro talks about the purpose and scope of his book, "The Master Algorithm," and how it offers a broader understanding of AI beyond just LLMs. 42:29 - Open AI and the Comedy of Errors:** Pedro dives into the hype surrounding Open AI and its perceived dominance in the AI space, sharing his perspective on their overestimation. 54:25 - AI Safety and the Call for a Moratorium:** Pedro dismisses the fear-mongering around AI's supposed threat to humanity and provides a rational perspective on the current AI safety concerns. 1:03:19 - AI in 2040:** Pedro discusses his satirical book, "2040," which paints a humorous, yet thought-provoking, picture of how AI might impact society. 1:14:18 - Recommendation Systems and Human Psychology:** Pedro examines the limitations of current recommendation systems and argues for a shift towards systems that give users more control over their information consumption. 1:24:38 - The Importance of Critical Information Consumption:** Pedro shares his strategies for staying informed in the age of information overload, emphasizing the need for a balanced and diverse intake of information. 1:38:59 - The Importance of Choosing the Right Problem:** Pedro stresses the importance of finding research problems that align with your passion and potential impact, rather than chasing the latest trends. Don't forget to like and subscribe for more insightful conversations about the world of AI! → YouTube: https://youtu.be/9-J4eV8qvZg→ Spotify: https://open.spotify.com/episode/3Og8mbra1cokQ5cRJdjZn1?si=iqEOqKLLSqSbk8ehkniFqg→ Apple podcasts: https://podcasts.apple.com/us/podcast/85-ai-should-not-be-regulated-author-ml-researcher/id1551300319?i=1000673806783→ Email updates: https://startupproject.beehiiv.com/ → Others: https://spotifyanchor-web.app.link/e/qYaG6vhTRNb #AI #machinelearning #themasteralgorithm #llm #agi #futureofai #tech #society #2040 #openai #google #facebook #recommendation #information #research #podcasts #startups #sharp ratio
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Oct 15, 2024 • 50min

#84 From Mars Rover to Starups: Ex-aws exec khawaja shams on the art of product-market fit in b2b cloud

In this episode of Startup Project, we chat with Khawaja Shams, Co-founder and CEO of Momento, a serverless caching and messaging service built for interactive applications at scale. Host: Nataraj (Investor at Incisive VC, angel investor, and Senior Product Manager) Guest: Khawaja Shams (Co-founder and CEO of Momento) Website: ⁠Momento Website⁠ LinkedIn: ⁠Nataraj's LinkedIn⁠ | ⁠Khawaja's LinkedIn⁠ [0:00 - 2:00] Khawaja shares his incredible journey—from working on image processing for Mars rovers and communications for interplanetary missions at NASA to building crucial infrastructure at Amazon Web Services (AWS) and ultimately starting Momento. [2:00 - 6:00] Khawaja provides an in-depth look at his early days at NASA, where he was inspired by the company’s mission and the potential of cloud computing. He discusses how he prototyped using public datasets on his personal credit card and the challenges of onboarding Amazon as a vendor in the early days of AWS. [6:00 - 10:00] We discuss Khawaja’s experience at Amazon, where he witnessed the company’s rapid growth and customer obsession firsthand. He details his roles in AWS product engineering and leading key teams, including DynamoDB and Elemental Technologies. [10:00 - 16:00] Khawaja talks about the inspiration behind Momento and how the need for a better caching solution for interactive applications became clear. He explains how Momento addresses the pain points of traditional caching solutions and simplifies development for users. [16:00 - 20:00] We dive deeper into Momento’s target customer base and the importance of focusing on verticals like media, gaming, and fintech. Khawaja shares valuable insights on identifying the right customers and building strong design partnerships. [20:00 - 25:00] Khawaja discusses product-market fit and how Momento validated its solution through numerous successful customers. He emphasizes the need for coherence in customer asks and how that provides confidence in the product’s direction. [25:00 - 30:00] We talk about B2B growth and marketing strategies, specifically how Momento leverages its existing customer base and focuses on finding similar companies. Khawaja stresses the importance of operational excellence and customer obsession in building trust and advocacy. [30:00 - 35:00] Khawaja shares his thoughts on Amazon's leadership principles and how Momento has cultivated its own unique culture focused on customer centricity and psychological safety. [35:00 - 40:00] We explore the challenges of attracting top talent in a startup environment. Khawaja emphasizes the importance of finding a team you enjoy working with and tackling a problem you believe in. [40:00 - 45:00] Khawaja shares his current consumption habits, including his favorite books and podcasts. He also highlights the importance of mentorship and staying connected with people you admire. [45:00 - 50:00] Khawaja discusses the importance of focus in a startup environment and how prioritizing a few key goals can lead to greater success. [50:00 - 55:00] We finish with a discussion about AI and how Momento plays a crucial role in enabling interactive applications powered by real-time data. #Startup #TechPodcast #Serverless #CloudComputing #AWS #InteractiveApps #B2BMarketing #Entrepreneurship #Leadership #AI #Fintech #MediaTech #GamingTech #ProductMarketFit #Caching #CustomerObsession #FoundersJourney

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