There is a real gap between how #startups talk about #generativeAI and how enterprises and #CIOs view it, rightly notes General Catalyst Partner Juliet Bailin, with some simple but often overlooked guidance for startups to consider 👉 https://lnkd.in/ebptiRKq
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Imagine getting a detailed preliminary #FTOAnalysis of a startup before you even write a check... we've made that #possible. https://www.evalify.ai #EvalifyThat #EvalifyEffect
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#founders considering #genai startups must carefully evaluate the balance of high costs and uncertain business models, and other considerations, against the potential rewards of being pioneering innovators in a competitive and rapidly evolving market. https://lnkd.in/eykYFwja #genaitrends #foundersjourney
GenAI Startups: Weighing the Hard Realities vs. Hype
douglevin.substack.com
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10 reasons for a CEO to focus on AI now And they are not about technology 🤔 Here is what I think: 👉 AI is not just a technological upgrade. 👉 It's a foundational element that can redefine how a business operates and competes. 👉 For CEOs, focusing on AI is no longer optional. 👉 It's imperative for ensuring the future success and sustainability of their organizations. These are the first 10 reasons (actually there are more): 🟣 Redefining Business Strategy ↳ AI is not just a tech upgrade. ↳ It's changing the game - tasks, workflows, business models, and industries might be disrupted. ↳ CEOs need to understand how AI can transform their business models and open new doors in the market. ↳ It's about seeing the big picture and leading the way. 🟣 Global Competitive Landscape ↳ In a world where AI is reshaping industries, CEOs need to keep their companies competitive on a global scale ↳ It's about understanding and responding to AI-driven market changes. 🟣 Enabling Data-Driven Decisions ↳ AI lets companies make smarter decisions by analyzing massive amounts of data. ↳ For CEOs, this means being able to see trends and make choices based on real insights, not just gut feelings. ↳ AI integration depends on underlying digital transformation and strategic cloud usage. 🟣 Transforming Company Culture ↳ Embracing AI means nurturing a culture of learning and innovation. ↳ CEOs should lead this change, encouraging their teams to adapt and grow with the technology. 🟣 Investing in People and Skills ↳ With AI, it's vital to have the right talent on board. ↳ CEOs should focus on bringing in AI expertise and upskilling current staff to keep the company competitive. 🟣 Adapting Organizational Structure ↳ AI might change how your company is organized to make the most of it. ↳ This means being open to restructuring teams and workflows for better AI adoption. 🟣 Fostering Innovation ↳ AI opens up a world of possibilities for new products and services. ↳ CEOs should harness this potential to drive innovation and stay ahead in the market. 🟣 Improving Customer Experience ↳ AI can greatly enhance how customers interact with your services, from personalization to faster responses. ↳ CEOs need to leverage AI to keep customers happy and engaged. 🟣 Ensuring Ethical Use of AI ↳ As AI becomes more central in businesses, CEOs must tackle the big ethical questions - like data privacy, securing proprietary data, and AI fairness. ↳ It's about earning trust from customers and employees alike. 🟣 Managing New Risks and Governance ↳ AI brings new risks, particularly around data security and compliance. ↳ CEOs must oversee these challenges and ensure robust governance around AI usage. ❓ Do you agree? ❓ What is the most important element, how do you think? 👉 Follow me for AI insights for your success: https://lnkd.in/eACWmV9w #ai #ceo #aitransformation
Andreas Schwarzkopf - Mercedes-Benz AG | LinkedIn
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Establishing and Maintaining Thought Leadership in the Age of AI It happens in almost every zero-to-one startup, often shortly after the first seed financing. The question arises: ‘How do we become a thought leader?’ or, in response to competition, ‘We... The post Establishing and Maintaining Thought Leadership i... https://lnkd.in/e6upvs2C #AI #ML #Automation
Establishing and Maintaining Thought Leadership in the Age of AI
openexo.com
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AI startups deferring IPOs amid market uncertainty Our Managing Partner, Aron Bohlig, shares his insights and thoughts on "AI Unicorns Have Good Reasons Not to Go Public" in this article from Observer. 💡 Key Insights: - Generative AI startups are more likely to stay private than those in other sectors due to the fast and unpredictable nature of AI development - Generative AI companies face difficulties with accurate revenue projections, making it challenging to maintain consistent financial models for shareholders - Rapid changes in the AI field require CFOs to adapt strategies and financial disclosures frequently, adding pressure on managing investor expectations - A surge in AI IPOs is anticipated post-2024, especially following the U.S. presidential election, as new regulations could facilitate public offerings #AIStartups #GenerativeAI #IPODelays #AIIndustry #PrivateInvestment #MarketUncertainty #RevenueForecasting #CFOChallenges #AIIPO #FutureOfAI #TechRegulation #AIInvestment #Post2024 Read the complete article here: https://lnkd.in/gC29U6yU
A.I. Unicorns Have Good Reasons Not to Go Public
https://observer.com
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https://lnkd.in/eAMVEKrR Join me and the fantastic panel as we talk about AI and how startups can leverage it.
Startups Assemble
https://www.youtube.com/
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How Can We Showcase Traction for Pre-Seed AI Startup Success? Answers: https://lnkd.in/g4UKJP3w #AIStartups #PreSeedFunding #InvestorChallenges Hey everyone! We’re an AI startup with an incredible team, and we’ve come a long way! 🚀We’ve gone through incubation and acceleration, secured a lead investor who’s committed half of our first round, and developed a solid MVP. Right now, we’re piloting our product with two large global companies, which is super exciting! Here’s where it gets tricky, though. The AI space is unique because we’re building a proprietary algorithm—not just another chat model. This process can be pretty costly! 💰 While we’re getting interest from major players in the industry and we’re tackling real, global problems, it seems like pre-seed investors think we’re too early in our journey. Their focus is often on revenue generation, but here's the catch: Accuracy is Non-Negotiable: For our product to succeed, it needs to be accurate and nearly perfect. If it’s not, it risks becoming just another fancy wrapper that nobody wants to buy. Navigating Investor Expectations: Investors want to see traction, but what does that look like when you’re...
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Read this recent Forbes article from Matt Carbonara ✅, Managing Director at Citi Ventures and Forbes Finance Council Member. Learn more about how different GenAI startups are competing with incumbents through flywheel effects, including Flip AI! Catch the entire article here: https://lnkd.in/e7ZJCz67 #FlipAI #AIOps #observability #GenAI
Council Post: How GenAI Startups Can Kick Off A Data Flywheel To Compete With Incumbents
social-www.forbes.com
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Sound viewpoint and guidance that probably extends beyond genAI to most software startups; we definitely see a widening gulf between how VC-backed firms talk about their secret sauce and what their prospective customers think of the flavour and plating.