Intro: Co-founder @ForestratAI - https://t.co/5vaddgbVT7 NYC based fintech startup focused on asset management data, research, and trading platform. Previous exit - bootstrapped founder of Foreseer - information extraction for financial services, acquired by S&P global.
A sunny day in Mountain View. Like every other day.
Jeff, Sanjay, Oriol and Quoc walk into a VC office on Sand Hill. The VC is on his second oat latte and has fourteen minutes blocked for this.
Jeff: So. We decided to build our own company.
VC: Okay, great, love that. Who's "we"?
Jeff: The four of us.
VC: ...All of you?
Jeff: Yes.
VC: All four. In one company. Together.
Jeff: That's right.
VC: I'm giving you $100 million right now.
Jeff: We haven't shown you anyth-
VC: You know what, forget it. A billion. One billion dollars.
Sanjay: We prepared a deck.
VC: I don't want the deck.
Jeff: It's only eleven slides.
VC: Two billion.
Oriol: Slide one is the mission.
VC: Three.
Oriol: "Automate machine learning, science and engineer-"
VC: FOUR. Four billion. Stop reading.
Quoc: Should we talk about the market?
VC: If you say the word "market" I will go to five and I have not cleared five with my partners.
Jeff: We were also thinking about being a Public Benefit Corp-
VC: Five.
Jeff: Do you want to hear the technical approach?
VC: Six billion. Please leave. Please leave...
Jeff: Nice to talk with you!
VC: Seven, please go ๐ฅ
They leave. It's still sunny. It's always sunny. The deck was never opened.
Eli Lilly has done it.
They've gone and made what seems to be a powerful, permanent gene therapy for LDL cholesterol.
That means they'll be able to effectively prevent most heart disease with a single infusion!
Presented @ForestratAI at @PlugandPlayTC in Bay Area last week. First class group of corporates, startups, and investors in a fantastic event. Big thanks to PlugandPlay for having us participate in their summer cohort