We just open-sourced Paperclip: the orchestration layer for zero-human companies
It's everything you need to run an autonomous business: org charts, goal alignment, task ownership, budgets, agent templates
Just run `npx paperclipai onboard`
https://t.co/wuDdEmrSMx
More ๐
Here are 8 trends we shared with LPs that we are seeing in this market
1) Down rounds: ~20% of VC investments are down rounds
2) Bridge rounds: ~40% of Series A & B are bridge rounds
3) Round velocity: Time between rounds has increased to 24+ months across stages
4) Lower valuations: Ranging from Seed down ~15% to Series D down~60%
5) Smaller rounds: 70% of rounds are now $10M or smaller
6) KPIs: Unit economics and capital efficiency matter more now
7) Acquisitions: There has been an increase as more lose runway and canโt raise
8) Unicorns: Only 13 were birthed in Q1, lowest in 6 years for a quarter
Source: @cartainc
@hpierrejacques@StreamOnMax@theweeknd wait super curious to know why you loved it, Iโve heard polar opinions, but theyโre always extreme (I loved it, best show! vs. I hate it, absolute trash)
Hate to be one of those โLong SFโ people but I canโt deny I had a super awesome day tuning into the #OctoAI launch from a coworking space in SF. This city is truly buzzing with builders 24/7. No better place to host the launch event tonight @OctoML
https://t.co/SnAdnpbgyL
Thank you SO much to the 150+ attendees at our summit today!! You all were AMAZING โ we canโt wait to host this community again. ๐ฅน
So much gratitude to our sponsors @gantry_ml and @werqwise for making this incredible evening come together!!
(2/2) can any patent or IP lawyers lean in to discuss how the litigation landscape might look overtime? Who owns the IP of an app built on top of a #foundationmodel? My fear is that hype and lawsuits are besties and go everywhere together :( #dalle2#openai#GenerativeAI#gpt3
Generative AI (apps/infra) has been talked about for a while (esp if you are an avid @Gartner_inc subscriber), but new fundraises and think-pieces are pointing to a new hype seasonโฆmuch needed break from chatting about crypto winter / market downturns etc. (1/2)
@nic_detommaso I adore this, especially the โthis is where I fit inโ slide. everyone trying to turn an internship into a full time opportunity should be doing this!!
Anyone know someone who knows someone who will be at Money 20/20 in Las Vegas? Trying to meet any B2B Fintech companies and investors esp. in fraud / ID verification, Fintech data infra, AI/ML dev platforms, etc. ๐ #money2020@money2020#fintech
We were making the same revenues as @figma - $400M in 2016 (w/ inflation almost $500M)
But, our exit and multiple was just 5% of theirs.
Here are THREE things you need to know to get the best financial outcome for your startup: