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Sequoia backs open source data-validation framework Pydantic to commercialize with cloud services

TechCrunch

Pydantic , the popular Python library and open source data-validation framework used by some of the world’s biggest companies, has a new commercial namesake and the backing of one of Silicon Valley’s most storied venture capital (VC) firms. Pydantic Services Inc. emerges from stealth today with $4.7 and Europe.

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Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

TechCrunch

Oh, it also needs more capital. Join TechCrunch reporter Ron Miller and Patrik Liu Tran, co-founder and CEO of automated real-time data validation and quality monitoring platform Validio, on Thursday, May 27 at 9 a.m. PDT/noon EDT for a Clubhouse chat about ensuring data quality in the era of Big Data.

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Bobidi launches to reward developers for testing companies’ AI models

TechCrunch

Assuming Choi’s estimations are rooted in fact, Bobidi bucks the trend in the data science industry, which tends to pay data validators and labelers poorly. The annotators of the widely used ImageNet computer vision dataset made a median wage of $2 per hour, one study found, with only 4% making more than $7.25

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Stemma launches with $4.8M seed to build managed data catalogue

TechCrunch

Company co-founder and CEO Mark Grover says the product is actually built on top of the open-source Amundsen data catalogue project that he helped launch at Lyft to manage its massive data requirements. The problem was that with so much data, employees had to kludge together systems to confirm the data validity.

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5 investors discuss the future of RPA after UiPath’s IPO

TechCrunch

These are mostly data entry and data validation jobs. It’s simply suboptimal to hire, train and deploy remote employees to run routine processes, which are prone to, among other things, human error and boredom. Most of these tasks will be automated in the next couple of years.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Marketing with long payback is precisely what requires venture capital. It would take 2 years to catch up but believe me they have the capital to do so. Validate data. Validate firmly held positions. That is how great businesses are built. We did the planning work up front. Or would you go to a disruptor in stead?

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Extra Crunch roundup: Jam City SPAC, startup PR, telemedicine market map, more

TechCrunch

billion blank-check deal with DPCM Capital. Perhaps that will unlock more late-stage capital for hardware-focused upstarts. According to data gathered by Rob Olson, partner and head of data strategy at venture engine M13, startups that have two or more experienced founders tend to exit 33% faster and raise 34% less capital.

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