Sramana Mitra: Got it. Let’s go back to when you started the company. What was the premise of the company? What were you going to do?
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Ganesh and his two co-founders have built Responsive with a very small amount of capital.
They started by Bootstrapping with a Paycheck. Excellent execution, much to learn on many issues.
Sramana Mitra: There’s a part that is very worrisome. Have you read Yuval Noah Harari’s most recent book, Nexus?
>>>Krishnakumar Natarajan, Co-founder at Mela Ventures, discusses his firm’s AI investment thesis.
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Sramana Mitra: I think the capabilities are extremely interesting. You can bring it down to areas where we can actually apply things like that, where there will be immediate value, and we can build a business around that.
I think interviewing candidates is one such application. Instead of ten candidates, if you want to interview 1,000 candidates and filter that down to the ten that are a good fit, that is a great application of this kind of technology or human representation technology that you’re talking about.
>>>Sramana Mitra: Interesting. If you have more example, you can discuss them. I’m very interested in seeing what is actually fine traction in the customer base.
Daniel Cohen: I’m on the board of a company called Lightricks that is doing a lot of work in the text-to-video space. The text-to-video space is in the limelight after OpenAI released Sora. What we want to think about is, how can AI create not only a short clip, but a full 5-10 minute video? The big challenge is to get fast AI-created videos results, similar to how you can get a story in text within seconds.
>>>Sramana Mitra: Let’s discuss the ones that are lower hanging fruits. It would be interesting for us to hear what you have invested in, where you don’t think the price is so far out and where you can start seeing real value or impact now. What are some of the companies that you’ve invested in and why?
>>>Sramana Mitra: Which ones do you categorize as the ones that are going to be the harder to deal with?
Daniel Cohen: There are areas in the world that technology has disrupted and yet not disrupted at all. If you look at Healthcare, on one hand, of course our life’s changed completely, but then there’re some things that are exactly the same.
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