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Transparent Venture Capital by Tribe Global Ventures

Tribe Talkin' Ep 25: Social media: Facebook Turns 20, Gaming The LinkedIn Algo. Kiki, Again. Is Customer Focus #1? Sales Velocity. Forecast Funding Frenzy. AI.

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

51 Ratings

🗓️ 14 February 2024

⏱️ 82 minutes

🧾️ Download transcript

Summary

In this episode of Tribe Talkin':  Facebook turns 20. An article by Daivd Swan on Facebook being the poster child for "enshittification".  Kiki's founder Toby Thomas-Smith issues an apology. We share what we think of it.  "The Founders Dilemma": what to focus on and the customer should be number one. An article in Startup Daily. We have a different view.  People are trying to work out the LinkedIn algorithm. We think this explains it:  Vu Tran provides great post on "sales velocity".  Is a funding frenzy now underway?  How safe are Safe Notes?  OneVentures closes its first fund with a 4x return.  AMSL lands its first customer.  OpenAI now "speaking" 100 billion words per day.  OpenAI may need "$7 Trillion" of capital.  Will Nvidia end up like Cisco?  ChatGPT used in relationship finding and advice.  Jack tempts fate on Valentines Day.  [email protected]

Transcript

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0:00.0

Despite the tech dropping out on us about 10 times, I think we got to a lot of different topics today.

0:14.7

We covered a lot of ground. We kicked off with the fact that Facebook's turning 20 and the article by David Swan and some of our thoughts on how that correlates to the organizational life cycle.

0:25.9

Yeah, and then we discussed how social media's given birth to many new companies and we touched on Kiki again and how it can be super brutal.

0:33.0

Yeah, and that led us to talking about focus and some ideas around focusing within companies

0:39.8

and one of the focus points being customers and being customer focused and how to go about

0:45.3

that but not throwing the baby out of the bathwater.

0:48.0

Which led us into a chat about the LinkedIn algorithms and what we concluded was the end

0:53.0

of the day, be of value value have good content and use the

0:56.0

algorithms to then pour fuel on that for reach we touched on Voo Trans LinkedIn posts discussing the

1:02.4

sales velocity we think it's great a great metric to track for any B2B founder yeah and excited

1:07.6

to be doing an event with Vue in March.

1:15.5

We also looked at an article in Capital Brief about how the wind seemed to have changed,

1:21.3

and we've gone from a depressed 2003, into founders and investors maybe starting to eye.

1:23.4

A frenzy is the word that was used.

1:26.6

Yeah, and we touched on the use of safe notes and how they're rising,

1:27.9

and also the news from One Ventures closing out a full plus return on Fund One.

1:32.2

Yeah, great outcome.

1:33.5

We touched on AMSL, a Sydney-based startup that's making vertical takeoff and landing aircraft

1:38.3

powered by hydrogen and how they've just secured their 10 orders.

1:41.8

And we segueed into Open AI, which is now speaking 100 billion words a day

1:46.4

out of the 1 trillion words written.

1:48.8

Yeah, amazing.

...

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