I was the one who sent the second question. I’m used to Americans saying my name all sorts of ways. 😂 My name is the Portuguese version of Guillaume (aka Beff Jezos). Guilherme is [Ghee ller meh].
Great material! I have a question: You mentioned the concept of the creator economy blending into startup territory. How do you see this trend evolving in the future?
I thoroughly enjoyed this. I think the initial vc/funding question was bullshit (not necessarily the answer-but the question). I think what he wanted to know is if he could pitch the hosts...disguised a question. No one pursuing venture capital (most do) asks this question: granted its an important question, however, i feel like most ppl understand that its a networks game..& as such part of your hustle. There is no "best way" to pitch approach. once you meet a guy that knows a guy (hopefully with your idea/innovation) your golden.
Hey Marc and Ben, I've been diving into the concept of the "Shadow Technique" as outlined in the Personal MBA book by Josh Kaufman, and I'm curious to learn how venture capitalists like yourselves view its application in validating business ideas, particularly for B2B SaaS products. What are your thoughts on leveraging this technique effectively, and what alternative methods do you recommend for validating B2B SaaS products in the early stages? Looking forward to your insights!
Synthetic training data will build a smarter model because synthetic training data can be used to create an environment for an agent to take actions in. The "synthetic" data is usually sound logically. GPT4 writes code. GPT4 will argue a true fact and not be easily convinced something is false. This is a sturdy world for the agent.
"all the money should go to the creative, not the manufacturing and distribution." yikes... dude, think about what a product is. think about Tesla. you want money to go to making the product good. the "all the money should go to creative" is why Nike runs sweatshops. that's the norm. the creative is the most entitled part of the business.
Concur 100%. They also need to review Andy Grove’s writings and warnings about the costs of losing manufacturing. You lose the ability to scale production which is necessary for economic growth, jobs, and self-sufficiency, and you lose the ability to generate new innovations from hands-on experience actually building the things. Not all innovation happens on the drawing board, especially in highly complex domains like chip fabrication. Odd these guys aren’t covering that aspect.
Seems like: current synthetic data has novel informational usage, if and only, the current deep learning models have an emergent world model and are scalable to AGI
Disruptive innovations don't exist before the disruptions, and their market size is around 0. This 0 market can be even used as a definition for a potential disruption. It probably feels that the risk is inversely proportional to that market size If the market is 0, then the next most helpful thing is probably the founder's determination. I can't say their sanity because the greatest of the greatest might not tick that box. Maybe founder's insensitivity to go against all odds.
If brand is trust+affinity you could say the corporation nails trust but not necessarily affinity (with some exceptions). I.e. I trust Tide, but I don’t love Tide. I wouldn’t be surprised if it is meaningfully disrupted by a mom influencer in the next 5 years.
@@jpmilano6386 fair, but it's a strange understanding of humanity. it's unintentionally dystopian that you will have a relationship (parasocial) with an anthropomorphic celebritized version of a detergent product.
Love this - always feels like my playback speed is on 2 when Marc's speaking but here for it and love it!
Great show! I appreciate you taking time from your busy lives to share your knowledge with the world. As always, looking forward to the next show!
I was the one who sent the second question.
I’m used to Americans saying my name all sorts of ways. 😂
My name is the Portuguese version of Guillaume (aka Beff Jezos).
Guilherme is [Ghee ller meh].
this is quickly becoming my favourite podcast 🔥
Late...
I’m always happy watching you both and learning from you. Hope to meet you both one day and Sam Altman too 🙏🏻🙏🏻🙏🏻
Public education: there is a learning component to it, I am told 😆
Great material! I have a question: You mentioned the concept of the creator economy blending into startup territory. How do you see this trend evolving in the future?
Thank you for sharing!
9:42 who killed the electric car I saw that documentary
love you guys so much ❤
i love the ben & marc show, two handsome guys what is there not to like....
Please add time stamping
I thoroughly enjoyed this. I think the initial vc/funding question was bullshit (not necessarily the answer-but the question). I think what he wanted to know is if he could pitch the hosts...disguised a question. No one pursuing venture capital (most do) asks this question: granted its an important question, however, i feel like most ppl understand that its a networks game..& as such part of your hustle. There is no "best way" to pitch approach. once you meet a guy that knows a guy (hopefully with your idea/innovation) your golden.
I love the insights here!
GOD IS EVERYTHING FOREVER AND THERE IS ONLY ONE GOD FOREVER AMEN 🙏
Hey Marc and Ben,
I've been diving into the concept of the "Shadow Technique" as outlined in the Personal MBA book by Josh Kaufman, and I'm curious to learn how venture capitalists like yourselves view its application in validating business ideas, particularly for B2B SaaS products. What are your thoughts on leveraging this technique effectively, and what alternative methods do you recommend for validating B2B SaaS products in the early stages?
Looking forward to your insights!
solid insights. thx, gents
As always, full of wisdom
My two favorite eggs🥚🥚
Synthetic training data will build a smarter model because synthetic training data can be used to create an environment for an agent to take actions in. The "synthetic" data is usually sound logically. GPT4 writes code. GPT4 will argue a true fact and not be easily convinced something is false. This is a sturdy world for the agent.
“We [do or don’t] need regulation on [technology].” Seems like it depends on where your investments are.
"all the money should go to the creative, not the manufacturing and distribution." yikes... dude, think about what a product is. think about Tesla. you want money to go to making the product good. the "all the money should go to creative" is why Nike runs sweatshops. that's the norm. the creative is the most entitled part of the business.
Concur 100%. They also need to review Andy Grove’s writings and warnings about the costs of losing manufacturing. You lose the ability to scale production which is necessary for economic growth, jobs, and self-sufficiency, and you lose the ability to generate new innovations from hands-on experience actually building the things. Not all innovation happens on the drawing board, especially in highly complex domains like chip fabrication. Odd these guys aren’t covering that aspect.
Seems like: current synthetic data has novel informational usage, if and only, the current deep learning models have an emergent world model and are scalable to AGI
Disruptive innovations don't exist before the disruptions, and their market size is around 0.
This 0 market can be even used as a definition for a potential disruption.
It probably feels that the risk is inversely proportional to that market size
If the market is 0, then the next most helpful thing is probably the founder's determination. I can't say their sanity because the greatest of the greatest might not tick that box. Maybe founder's insensitivity to go against all odds.
very good
👀
🤓
In a good way!
The 666 Goat guys.
"Wayne Altman"... wink wink
haha budlight 😂
y'all's take on brand was wayy off. the "why would i have a relationsihp with a corporation" part.
If brand is trust+affinity you could say the corporation nails trust but not necessarily affinity (with some exceptions).
I.e. I trust Tide, but I don’t love Tide. I wouldn’t be surprised if it is meaningfully disrupted by a mom influencer in the next 5 years.
@@jpmilano6386 fair, but it's a strange understanding of humanity. it's unintentionally dystopian that you will have a relationship (parasocial) with an anthropomorphic celebritized version of a detergent product.
not my cup of tea... so much hand waving, so little actual building... just my two cents
Engaging as ever.
Cryptos will replace governments, but AI will take over everything and administer most cryptos.