eli

advising execs on startups, VC, emerging tech, innovation, fintech, mobility, consumer, and more…| now @scnfoundry | prev @usc @hkust @unibocconi

[eli @elipromisel]

@shaig https://t.co/wLr3lvSEqm

[Markie Wagner @markiewagner]

Introducing @PoeticHQ: a new AI system that executes complex multi-hour tasks with 99%+ accuracy and 10x fewer tokens than agents.

We raised $50M at $500M from Kleiner Perkins, Founders Fund, First Harmonic, and Genius Ventures to build AI that does complex work inside Fortune 500 companies without hallucination.

While code is too brittle, agents are too unpredictable. The work that runs the global economy - anti-money laundering, fraud investigations, underwriting - needs extreme accuracy.

So we built a new kind of software that pairs the flexibility of AI with the predictability of code.

When the world stays the same, Poetic runs fixed code: fast, cheap, identical every time. When the world changes, Poetic uses AI to regenerate its approach and find its way back to the objective.

In one year, we went from zero to an eight-figure run rate as a team of four.

Since then, we’ve scaled the team and executed the highest-stakes processes at AIG, SoFi, and Chime. At SoFi, a large US bank, Poetic reached 99%+ quality on fraud investigations in five weeks.

[eli @elipromisel]

@gregisenberg @elonmusk did something similar with the flamethrower

[eli @elipromisel]

@patrick_oshag @readwise save thread

[eli @elipromisel]

@meaganloyst @wordsbykristin check out this thread :)

[eli @elipromisel]

@spicyfusilli tokyo record bar with the takeaway pizza 😋

[eli @elipromisel]

@30andtweetin @daryllimwd yes!! @daryllimwd check out the World Bachelor in Business program https://t.co/iI5axlsknH

[Brian E. Thomas @DivergentCIO]

How to Launch a Corporate Venture Capital Arm https://t.co/ZcV47Xno97 #VentureCapital #VC #CorporateVC #Business #StartUp #EmergingTech #SiliconValley #AI #Blockchain #dApps #SiliconFoundry #Coruzant #CXO #CEO @scnfoundry

[eli @elipromisel]

@shannonlitweets congrats!!!

[eli @elipromisel]

@wordsbykristin you got this! keep going!!

[eli @elipromisel]

@spicyfusilli spot on
10/10

[Silicon Foundry @scnfoundry]

Silicon Foundry is hiring, check out our most recent openings:

- Head of Operations
- Principal
- Event Manager

https://t.co/DXezUMv0f5

[Silicon Foundry @scnfoundry]

According to new data, 319 out of the Fortune 500/Forbes 2000 companies have some kind of structured presence dedicated to innovation in the Bay Area, and 55k+ corporate innovation people are currently deployed in Silicon Valley.

#innovation
https://t.co/xzfgtbY09G

[eli @elipromisel]

@spicyfusilli dig inn is pretty solid!

[eli @elipromisel]

@andruyeung interested!

[Pique Action @PiqueAction]

For every ton of @CompoundFoods produced, 16 tons of CO2e are saved.

Using biotechnology, this company can recreate coffee without the bean while preserving all of our favorite flavors and aromas ☕️

[Silicon Foundry @scnfoundry]

“The hype around remote has not really changed the economic fundamentals,” says UC Berkeley economist Enrico Moretti.

Fully remote work tripled during the first month of the pandemic, but still only represented 6% of total office jobs.

https://t.co/kidZzDLCYl

[Nikita Bier @nikitabier]

There is no group worse at buying real estate than the tech community. Just add a Nest thermostat and stage it with midcentury furniture and you can scam any FAANG engineer out of millions.