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Evans is the founder of Exceptional Capital, which launched in 2022 among the many emerging VC firms that sprouted during the fundraising boom years. Before pursuing a life in venture capital and tech, Evans hoped to make it to the NFL as a linebacker at the University of Michigan. And then in 2022, Evans decided to launch Exceptional Capital and invest as a solo VC. Exceptional CapitalBecause he's been able to increase the size of his fund, Evans has been able to expand his team. "I could see that for Marell as well, just his work with Exceptional Capital and kind of his determination there."
Persons: , Marell Evans, Evans, he's, Dave Brandon, Brandon, Ben Horowitz, Andreessen Horowitz, Horowitz, A16z, Okta, Owen Van Natta, Hustling, Melissa Morano Aurigemma, Graham Stoddard, Andrew Van Nest, I've, Cody Coleman, Coleman, what's Organizations: Service, Exceptional, Business, NFL, University of Michigan, NCAA, IBM, Facebook, Vision, SV Angel, A16z, Exceptional Capital Locations: Miami, Michigan, San Francisco, Okta, Silicon Valley, SoftBank, , Bessemer
Altman said there's too much short-term investor frenzy, and not enough long-term vision. "There's crazy stuff happening in Silicon Valley right now," the OpenAI CEO said. OpenAI CEO Sam Altman thinks there's too much investor hype around artificial intelligence in Silicon Valley right now. When asked about the investor AI frenzy, Altman didn't mince words. Funding to generative AI startups alone has jumped 580% in the past three years, according to PitchBook data.
Persons: Altman, there's, Sam Altman, There's, OpenAI, Andreessen Horowitz, Harvey, Langchain, Paul Graham, Graham, hasn't, Elon Musk, we're Organizations: Morning, Indian, Economic Times, Elon Locations: Silicon Valley, India, Europe, Israel, GPT
Marc Andreessen writes that AI can "make everything we care about better" in a new blog post. He believes AI companies should be able to build fast and aggressively without regulation. The current AI wave wouldn't be complete without a pithy missive from famed venture-capitalist and entrepreneur Marc Andressen. To help avert those risks, Altman recommended to lawmakers that a new agency should be created to police AI projects, particularly ones that operate at higher levels of capabilities. He also says his firm is eager to fund AI startup founders.
Persons: Marc Andreessen, Marc Andressen, Andreessen Horowitz, he's, Andreessen, Sam Altman, Altman, Andreeseen, Catalyst, Nat Friedman Organizations: OpenAI Locations: China, Coactive, London
Coactive helps companies glean insights from unstructured visual content like photos and videos. Media and consumer retail customers can flag inappropriate content or search through visual data. On a Thursday afternoon, Cody Coleman told me that he was looking forward to a rare weekend vacation to Hawaii with an unexpected guest — his high school trigonometry teacher. With the rise of e-Commerce and creator platforms, visual content has exploded, and with the increasing usage of generative AI, it'll only become easier for consumers to create their own video and image content, Coleman told Insider. The startup largely serves media and consumer retail companies through its closed beta, Coleman told Insider.
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