Sramana Mitra: There’s another factor to consider. There’s this company called Tempus that went public in June this year. I don’t know if you’re tracking them. Tempus is an AI company that focuses on the pharmaceutical industry. It has all kinds of pharmaceutical use cases and healthcare use cases. It doesn’t look like a language model-based solution. It’s an older company, obviously. It already has revenue of over $500 million.
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Today’s 650th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, August 15, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Sramana Mitra: Absolutely. So let me synthesize a little bit. The semiconductor layer is very expensive to do startups in. There’s quite a bit of activity going on there, but for our audience, where our philosophy is more lean startup, bootstrapping kind of activities, this is not really possible to do as it is capital intensive. We work in the capital-efficient domain.
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Rajeev Madhavan, Founder and General Partner at Clear Ventures, discusses how he is investing in AI startups and what he is learning from the market.
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Entrepreneurs are invited to the 650th FREE online 1Mby1M Mentoring Roundtable on Thursday, August 15, 2024, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST.
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Sailesh Ramakrishnan, Managing Partner at Rocketship.vc, discusses his AI investment thesis and shares his firm’s use of AI in monitoring investment-worthy startups.
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