Sramana Mitra: Let me push back on that. AI is much better at handling a very large number of permutations and combinations than human beings. I would question the validity of your logic that AI cannot be trusted to manage variations. I think AI is perfect for managing variations.
Raj Valli: I want to give you an example of why I think that. I’m going to disagree with you on that particular point. If you’re familiar with Norman AI from MIT, they have a website norman-ai.mit.edu. They trained the same AI machine.>>>
Some audience questions answered by Sramana:
– Do you have new startup ideas for the food industry in the post COVID world?
– What are your thoughts on startup ideas for K12 education in the post Covid world?
– What are some eCommerce startup ideas?
– What is a good social media startup idea?
– Can a startup be run without a physical office?
– How can I get feedback from you on my venture?
Sramana Mitra: Can I stop you there for a second? I have a few questions. You’re looking for free distribution to teachers and students and monetization through parents. How do teachers, students, and parents find out about the product?
Deborah Quazzo: It was a viral adoption. In the case of Class Dojo, it was seated amongst teachers. They develop certain champions within school buildings. It’s a product for K-8, not K-12, but it was very viral.>>>
Last week, Atlassian (NASDAQ: TEAM) reported its fourth quarter results that continued to surpass estimates. The company has been on an acquisition spree as it looks to invest in collaboration tools during the current conditions where most companies are allowing employees to work remotely.>>>
Sramana Mitra: Give me a use case of what AI produces and what your human teachers do on top of it?
Raj Valli: I can take an example here. I’m going to take a much easier case for this conversation seminar. Let’s say that someone comes in and takes their first diagnostic assessment. You don’t know anything about that student and the student comes in and takes a third-grade or a fourth-grade diagnostic test.>>>
Entrepreneurs are invited to the 497th FREE online 1Mby1M mentoring roundtable on Thursday, August 6, 2020, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST.
If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to “attend” to watch, learn, and interact through the online chat.
You can learn more here and register to pitch or attend here. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!
Sramana Mitra: Our interest is primarily in actual seed in Series A. Let’s focus on that discussion. What do you like to see by way of proof points before you’re willing to write a check?
Deborah Quazzo: It’s interesting because we’re sector experts and we’ve been working in education technology for well over 20 years. I have a partner in Silicon Valley, Michael Moe, who wrote the original thesis for a Wall Street investment category around digital education in the mid-1990s.>>>
Facebook (Nasdaq: FB) recently reported its second quarter results that surpassed the market’s expectations. But the company continues to struggle with its stand on political advertising. As the US gets ready for the Presidential elections, the scrutiny on Facebook’s stance is increasing.>>>