Sramana Mitra: When they started Observe.ai and when you wrote your first check, they did not have yet a product? Alok Nandan: They were building something else when they met us. Over the course of the next six months, they iterated and pivoted and eventually arrived at this idea. Initially, we wrote them a small
Sramana Mitra: FinTech is a segment where there aren’t a lot of humans in the loop. One of the great benefits that AI is delivering within FinTech is pre-approved loans within 30 seconds. Alok Nandan: You’re absolutely right. If it falls within a certain range, then it will automatically get approved. Humans may only get
Sramana Mitra: How do you define seed in your world view? I’m sure you’re watching this trend out there. The seed has fragmented. It’s pre-seed, seed, post-seed, pre-Series A, small Series A, large Series A. Where in that continuum have you positioned yourself? Alok Nandan: You’re absolutely right. There’s a lot of noise around what
Sramana Mitra: Talk a bit about trends. If you look at the last 18 months of your deal flow, what are you spotting? Alok Nandan: One of the big trends is AI. The next trend is around the explainability or accountability of AI. How do you make sure that the machine learning models are explainable
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Alok Nandan was recorded in September 2019. Alok Nandan, General Partner at Emergent Ventures (USA), discusses explainable AI in the context of his fund’s investment focus.
Alok Nandan, General Partner at Emergent Ventures (USA), discusses explainable AI in the context of his fund’s investment focus.
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Today’s 459th FREE online 1Mby1M Roundtable For Entrepreneurs is starting in 30 minutes, on Thursday, October 3, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST. Click here to join. All are welcome!