Sramana Mitra: Power story is a very complex story. As you were talking about your training, I was thinking about my engineering training and one of my favorite courses at MIT was Anant Agarwal’s VLSI design course. That is actually very automatable, right? Now you train AI to do chip design, and AI can design
I see segmentation errors left, right and center. As such, I see sloppy TAM models left, right and center too. Segmentation requires a precise profiling of your ideal customer with a host of parameters each of which can individually slash your TAM down by 10%.
Sramana Mitra: So let me double click down on the second one. I will come to the picks and shovels in a moment, but my observation is that to build a vertical application on top of an LLM, you obviously need to train in domain specific data. Now, there is a benefit to kind of
More often than not, an honest Total Available Market (TAM) analysis yields small or medium sized markets. This could range from $50M, $100M, $200M to $500M.
Sramana Mitra: All right, let’s discuss the second example. Ashmeet Sidana: Sure, another example I’m very proud of is a company called Robust Intelligence. Again, I was the first investor and they did a good job. CEO Yaron Singer, PhD from Berkeley, was at Harvard when he observed the hallucination problems with the development and
An acute lack of understanding of Ideal Customer Profile (ICP) and an inadequate Market Segmentation result in artificially bloated TAM. Often, Segmentation is too broad. Let’s look at an example.
Ashmeet Sidana, Chief Engineer at Engineering Capital, talks about his AI investment thesis. It’s a wonderful discussion that not only entrepreneurs should listen to, but investors should also listen in to calibrate their own investment thesis.
Sramana Mitra: What percentage of the students of these 10K students on your platform are performing at high levels? Josh Jones: Let me, tell you our latest number. I think it is 581 in the last semester. Sramana Mitra: That’s very good. And they all have internships?