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The Uber that Never Was

This is going to be BIG.

Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers. Does any fund that invested in Uber fear not being able to raise their next fund because their underlying companies might not perform well around these other criteria?

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Document onboarding startup Flatfile nabs $50M from investors, including Workday

TechCrunch

” Flatfile competes with incumbents like Textract, Amazon’s service that can automatically extract text and data from scanned documents, and Microsoft’s data onboarding tool Form Recognizer. “This investment will be used to expand and support Flatfile’s fastest growing segment: global enterprise companies.

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Every time OpenAI cuts a check for training data, an unlaunched competitive startup dies. Without a ‘safe harbor,’ AI will be ruled by incumbents.

Hunter Walk

Responsibility : Documented Trust and Safety protocols to allow for escalation around violations of your Terms of Service. In the last year we’ve seen billions of dollars invested in AI companies. And some sort of transparency statistics on these issues in aggregate. Incorporate here, pay taxes, create jobs?

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Trends in the Post-Modern Data Stack

Tomasz Tunguz

In the last 10 years, investments in big data have become increasingly expensive & focused on very large data volumes. We use vectors to find similar documents & images & content to help AI answer questions better or generate inspiring images. Here are some of the themes & predictions from the group.

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. Customers can customize the tools and apps or build their own using Pando’s APIs.

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Second-Class Investor Citizens: Facebook’s IPO and Dual-Class Equity Structures

Gust

By contrast, venture capital and angel investments normally take the form of Preferred Stock with rights and preferences set forth in the company’s Certificate of Incorporation and other governance documents. Options and warrants, when issued, are also typically exercisable for shares of Common Stock.

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Putting Data in a Corner: LLMs and Financial Services Data

Andreessen Horowitz

For new entrants looking to take advantage of the advent of LLMs and disrupt the status quo by going upstream of these incumbents, we’ve done a deep dive into Bloomberg, Morningstar, and Verisk’s stories. In doing so, each built the beginnings of what are now category-defining businesses.