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Top related persons:
VCs - 1 — - 1 Joe Aaron - 1 — Sheel - 1 Andreessen Horowitz - 1 Elon Musk's XAI - 1 Ilya Sutskever - 1 Umesh Padval - 1
Top related locs:
OpenAI Canadian Sunnyside San Francisco Valley
Top related orgs:
Wisdom Ventures - 2 Service - 1 Sequoia Capital - 1 Fidelity - 1 Ark Invest - 1 Sound Ventures - 1 Thomvest Ventures - 1 Parkway Venture - 1

Search resuls for: "Wisdom Ventures"


2 mentions found


☆ VCs are 'hedging their bets,' backing competing LLMs like Anthropic and OpenAI, breaking a long-standing venture taboo
  + stars: | 2024-10-26 | by ( Ben Bergman | Riddhi Kanetkar | ) www.businessinsider.com   time to read: +5 min
Venture firms are increasingly investing in competing LLM startups like OpenAI and xAI. Some VCs argue investing in multiple LLMs is strategic, while others see it as unethical. AdvertisementWhen venture firms pull out their checkbooks, there has traditionally been an unspoken rule: Do not back a competitor. Sound Ventures and Wisdom Ventures backed both OpenAI and Anthropic. There is also the matter of money, with only a handful of firms capable of writing the colossal checks required to fund LLM companies.
Persons: VCs, —, Joe Aaron, — Sheel, Andreessen Horowitz, Elon Musk's XAI, Ilya Sutskever, Umesh Padval, Padval, Anthropic, OpenAI, Gregg Hill, they've Organizations: Service, Sequoia Capital, Fidelity, Ark Invest, Sound Ventures, Wisdom Ventures, Thomvest Ventures, Parkway Venture, Madrona Ventures, NASDAQ Locations: OpenAI, Canadian
☆ The Pitch Deck Healthtech Startup Sunnyside Used to Raise $11.5 Million
  + stars: | 2023-11-15 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +3 min
One startup wants to help consumers be more mindful about their alcohol consumption — and it just raised $11.5 million in venture-capital funding. The startup, Sunnyside, announced that it raised a Series A funding round led by Motley Fool Ventures. Sunnyside's founder Nick Allen launched the startup in San Francisco in 2020, initially calling it Cutback Coach. Sunnyside offers a mobile app that encourages "mindful drinking" practices via weekly goal setting, text reminders, an online community, and one-on-one coaching. Check out the 10-slide pitch deck Sunnyside use to raise its Series A funding round.
Persons: Motley, Cooley, Michael Lee, Nick Allen, Allen, hasn't, Steve Lloyd Organizations: Motley Fool Ventures, Will Ventures, Uncork, Offline Ventures, Joyance Partners, Wisdom Ventures, Eudemian Ventures, Business, Big Tech, Sunnyside Locations: Sunnyside, San Francisco, Valley
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