20VC: Why All AI Companies Are Under-Valued | The Future of Foundation Models: Scaling Laws, Generalised vs Specialised, Commoditised? | From Unable to Afford Rent to Raising $130M From Index and Peter Thiel with George Sivulka @ Hebbia

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

This interview podcast features Harry Stebbings interviewing George Sivulka, founder of Hebbia, an AI company. The conversation begins with Sivulka discussing his unconventional childhood and the three common backgrounds he observes among successful founders (messed-up childhood, being gay, or being adopted). The bulk of the interview focuses on Hebbia's journey, from its founding during Sivulka's PhD at Stanford to its recent $130M funding round, including challenges faced and pivots made in their approach to AI technology (specifically, moving away from RAG). Sivulka shares insights into his fundraising experiences, his interactions with Peter Thiel, and his vision for the future of AI, emphasizing the importance of building platforms rather than just applications. A key takeaway is Sivulka's belief that AI will create $100 trillion in additional economic value and that the current market undervalues both AI and non-AI companies.

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