Capital Efficient Strategy for Generative AI Startups: Aisera CEO Muddu Sudhakar (Part 2)

Sramana Mitra: Let’s get into some of those questions. You mentioned Azure. Now, generative AI from the Microsoft camp is available on top of Azure as a PaaS for companies like Aisera to tap into. Muddu Sudhakar: We partnered with Microsoft. We use their Azure Open AI. Our algorithms and NLMs are built on Azure.

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Capital Efficient Strategy for Generative AI Startups: Aisera CEO Muddu Sudhakar (Part 1)

Muddu Sudhakar and I share the perspective that the real opportunity for Generative AI startups is not in building platforms but in piggybacking on other platforms. This conversation deep dives into the subject with real world examples and explores all the nuances entrepreneurs need to consider.

Capital Efficient Strategy for Generative AI Startups: RavenPack CEO Armando Gonzalez (Part 6)

Sramana Mitra: How big a deal has your infrastructure been as a cost element in the past and now? It does take horsepower to process data. Armando Gonzalez: Because we don’t have access to that type of capital, we had to build a very cost-effective system. Even these days, it’s probably less than 10% of

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Capital Efficient Strategy for Generative AI Startups: RavenPack CEO Armando Gonzalez (Part 5)

Sramana Mitra: At this point, you had a customer. You understand your TAM. You are starting to execute. It’s an easier funding situation. Armando Gonzalez: Exactly. Sramana Mitra: How much did you raise? Armando Gonzalez: $3 million. Sramana Mitra: 2008?

Capital Efficient Strategy for Generative AI Startups: RavenPack CEO Armando Gonzalez (Part 4)

Sramana Mitra: What were average deal sizes in what you were selling? Armando Gonzalez: It’s a range. It can be anywhere between the $50,000 to several hundreds of thousand dollars. Sramana Mitra: Recurring revenue? Armando Gonzalez: Correct.

Capital Efficient Strategy for Generative AI Startups: RavenPack CEO Armando Gonzalez (Part 3)

Sramana Mitra: Let’s go to your story. How did you build the company? Armando Gonzalez: In the early days, we were mostly doing research and development and trying to figure out how some of our ideas could apply to different problems. Sramana Mitra: When you got this client who wanted to use your trading technology,

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Capital Efficient Strategy for Generative AI Startups: RavenPack CEO Armando Gonzalez (Part 2)

Sramana Mitra: The use case was investing and trading in stocks? Armando Gonzalez: Yes, it didn’t start that way. It started as a very generic AI platform that could do all sorts of things including trading. We thought it could be used for healthcare diagnostics. We were looking at it from a cybersecurity perspective as

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Capital Efficient Strategy for Generative AI Startups: RavenPack CEO Armando Gonzalez (Part 1)

Armando has built an AI company over 20 years, deeply focusing on Finance and Trading.He discusses his journey, and also reflects on how generative AI startups can be built in a capital-efficient manner. Great conversation! Sramana Mitra: Let’s start at the very beginning of your story. Where are you from? Where were you born and

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