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Transparent Venture Capital by Tribe Global Ventures

Tribe Talkin' Ep 66: Open AI Goes Down. Birchal Raises $2Mil. Our Agentic Future. Quantum Breakthrough. Tandem Shuts.

Transparent Venture Capital by Tribe Global Ventures

Tribe Global Ventures

Investing, Business:investing, Business, Entrepreneurship

51 Ratings

🗓️ 20 December 2024

⏱️ 66 minutes

🧾️ Download transcript

Summary

In this weeks episode:  Share price decline for accelerator Scalare Partners. Open AI goes down for 4 hours Satya Nadella on future of business apps in agentic era. After 2 years of talking about how important AI is, the government is going to spend the next 12 months developing a capability plan. Google announces quantum computing breakthrough. Resourcefulness over resources. Blackbird-backed HR start-up Tandem shuts down due to lack of demand.  Birchal raises $2 million in 29 hours through crowdfunding.  Ten13 turns 5. Sharts:  [email protected]

Transcript

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0:00.0

The conversation with Duncan our AI in Ourskiru, the other day was around what's the future of websites?

0:16.4

Because at the moment a website is designed to serve information to human eyeballs.

0:22.9

But when we have a digital twin, we have our own little agent out there hunting. The information has to be optimized to speak

0:27.9

to our little AI agent rather than me going and searching for something. This prediction that

0:32.6

2025 will be the agent era, then I think websites, SEO, basic SaaS, these things are all about

0:41.3

to fundamentally shift.

0:45.3

I think the broader lesson is that's why it's just so important to go to the right places

0:49.3

for capital. B2B needs to go to certain places.

0:53.3

Crowdfunding, in my view, has done a really great job in being able to get a brand for monetizing B2C customer bases.

1:02.0

And yeah, that's the key element for me. Like B2C is better place for these platforms because as well as activating the investors, those investors often become customers, or vice versa, you've got customers who become investors.

1:12.6

And so that makes sense, and I've seen lots of B2C companies

1:16.6

have great successful platforms like this.

1:18.6

Yeah, B2B, it's on a different ballgame.

1:22.6

We're doing it from a different incentive environment.

1:25.6

The only money we really make, proper proper money is out of a successful exit.

1:30.6

We get some fees for licensing and a bit of portfolio support and screwing around at the

1:36.1

edges.

1:37.1

But we make bugger all unless the companies are really successful.

1:41.4

So we have a totally different incentive structure versus a two-sided marketplace that just goes,

1:46.0

okay, you, I introduce you, okay, off you go.

1:50.0

Yeah.

1:51.0

Yeah. Good morning, mate. How are you?

...

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