Jukka Alanen, Managing Partner at Rebellion Ventures, discusses his portfolio, investment thesis and related trends.
Jishnu Bhattacharjee, Managing Partner at Nexus Venture Partners, has been investing in AI startups for over a decade. This is an excellent and insightful discussion about his AI investment thesis.
Sramana Mitra: Now, are you seeing the AI startups also starting to do services work? I have seen several instances where they have AI capability, but they’re actually going to market with large projects where they provide product and also do the services as one solution.
Sramana Mitra: There’s another factor to consider. There’s this company called Tempus that went public in June this year. I don’t know if you’re tracking them. Tempus is an AI company that focuses on the pharmaceutical industry. It has all kinds of pharmaceutical use cases and healthcare use cases. It doesn’t look like a language
Sramana Mitra: Absolutely. So let me synthesize a little bit. The semiconductor layer is very expensive to do startups in. There’s quite a bit of activity going on there, but for our audience, where our philosophy is more lean startup, bootstrapping kind of activities, this is not really possible to do as it is capital
Rajeev Madhavan, Founder and General Partner at Clear Ventures, discusses how he is investing in AI startups and what he is learning from the market.
Sramana Mitra: I think for entrepreneurs listening to this conversation, there are two takeaways that you want to consider. One is, find a platform that you can build on. If you’re building enterprise products or mid-market B2B products, look at a platform called Cohere.
Sramana Mitra: The other point I want to make in this discussion is that AI is not only generative AI. There are many, very powerful problems that are being solved with AI, but not necessarily generative AI.