The Startup Velocity Question: AI Blah Blah Blah

There’s an AI blah blah blah phenomenon right now all over the industry!

“Product growth is plateauing or declining but we have AI that will rejuvenate everything …”

Well, AI will do what?

What is the exact positioning of your AI offering?

Featured Videos

Positioning a Generative AI Startup: Erik Severinghaus, Founder and CEO of Bloomfilter (Part 2)

Sramana Mitra: How did you get that off the ground?

Erik Severinghaus: It began with me just investing my own personal money – the money I made at IBM and some of the money that I made at iContact. After maybe a year or so of running it, I started to look for outside capital and raised about a million dollars seed round.

Sramana Mitra: When you went out to raise your seed round, what was the situation? Did you already have a product in the market? Did you have customers?

641st 1Mby1M Roundtable for Entrepreneurs Starting NOW: Live Tweeting by @1Mby1M

Today’s 641st FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, May 23, 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!        

Video FAQs

641st Roundtable for Entrepreneurs Starting in 30 Minutes: Live Tweeting by @1Mby1M

Today’s 641st FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, May 23, 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!

Positioning a Generative AI Startup: Erik Severinghaus, Founder and CEO of Bloomfilter (Part 1)

Erik discusses his journey as a serial entrepreneur and we deep dive into the Positioning of Bloomfilter.

Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and what kind of background?

The Startup Velocity Question: VC Portfolios

As discussed, the Venture Capital model looks for hyper growth startups that grow at an exponential pace. Companies that can go from 0 to $100M in revenue in 5-7 years.

Hyper Growth is not a natural state of business. Most businesses grow at a linear pace at best.

The Startup Velocity Question: MicroVC Portfolios

As of December 31, 2023, in the United States alone, there are 54,000 venture funded startups.

Let us refresh our memories on what constitutes the Venture Capital model: hyper growth startups that grow at an exponential pace. Companies that can go from 0 to $100M in revenue in 5-7 years.

Bootstrapping First, then Raising Money to Build a $10M+ Generative AI Startup: Anthony Scodary, Co-Founder of Gridspace (Part 7)

Sramana Mitra: I have one last question on the engineering stack. To what extent were you able to leverage existing models and components that are out there? To what extent did you have to kind of do things from scratch?

Anthony Scodary: That’s a good question. In general, we try to build everything in Gridspace from scratch, but I’ll try to answer your question in as much detail as I can.