Jonathan Kroll

Working on sumthin new 🌎 Prev @SemantiksAI @SperoVentures @a16z

[Mac The VC @MacConwell]

5/ So now today @unspun_io along with their announcement of their $14M series A they also are announcing their revolutionary technology to the world. So please join me in giving them a round of applause for Unspun's announcement of Vega!!!

https://t.co/lSIFkaO6PC

[Mac The VC @MacConwell]

2/ Now let me take a second to talk a bit about why the team and I at @RarebreedVC originally decided to make an investment in a custom Jean company..... before that let me shoutout to my venture partner @krollja who brought this investment in

[Mac The VC @MacConwell]

2/ So yesterday I got invited to be an expert in the room at the White House today for a convening the VPOTUS was hosting - "Young Men of Color roundtable discussion on entrepreneurship". SUPER DOPE Opportunity. So on short notice, of course I say yes I'll be there.

[Marge Ntambi @margentambi]

💡 VC is a lifelong apprenticeship and I'm thankful I've started my learning journey under the teachings of @MacConwell and @krollja.

Two key takeaways thus far:
- Investing requires equal parts logic and intuition
- While books give you the basics, most is learned on the job

[Eliezer Yudkowsky ⏹️ @ESYudkowsky]

I don't think people realize what a big deal it is that Stanford retrained a LLaMA model, into an instruction-following form, by **cheaply** fine-tuning it on inputs and outputs **from text-davinci-003**.

It means: If you allow any sufficiently wide-ranging access to your AI model, even by paid API, you're giving away your business crown jewels to competitors that can then nearly-clone your model without all the hard work you did to build up your own fine-tuning dataset. If you successfully enforce a restriction against commercializing an imitation trained on your I/O - a legal prospect that's never been tested, at this point - that means the competing checkpoints go up on bittorrent.

I'm not sure I can convey how much this is a brand new idiom of AI as a technology. Let's put it this way:

If you put a lot of work into tweaking the mask of the shoggoth, but then expose your masked shoggoth's API - or possibly just let anyone build up a big-enough database of Qs and As from your shoggoth - then anybody who's brute-forced a *core* *unmasked* shoggoth can gesture to *your* shoggoth and say to *their* shoggoth "look like that one", and poof you no longer have a competitive moat.

It's like the thing where if you let an unscrupulous potential competitor get a glimpse of your factory floor, they'll suddenly start producing a similar good - except that they just need a glimpse of the *inputs and outputs* of your factory. Because the kind of good you're producing is a kind of pseudointelligent gloop that gets sculpted; and it costs money and a simple process to produce the gloop, and separately more money and a complicated process to sculpt the gloop; but the raw gloop has enough pseudointelligence that it can stare at other gloop and imitate it.

In other words: The AI companies that make profits will be ones that either have a competitive moat not based on the capabilities of their model, OR those which don't expose the underlying inputs and outputs of their model to customers, OR can successfully sue any competitor that engages in shoggoth mask cloning.

[Jonathan Kroll @krollja]

RT @rollfi_xyz: Give us shout if yall want/need payroll services not tied to @SVB_Financial in anyway

Can get you set up today 👋🏽

https:…

[Marge Ntambi @margentambi]

The Silicon Valley approach to VC funding ("growth at all costs") isn't always feasible for Africa-based startups.

Prioritizing profitability/revenue to fund future growth is often required.

Let's briefly explore why:

[rollfi @rollfi_xyz]

pick a color + drop your size down below

we will pick a few lucky winners for a piece of @rollfi_xyz history

[Para Inc. @with_para]

Auto-Decline is Live on @withpara 🎊🎉

We are delighted to share that you can now Auto-Decline Grubhub, Uber, UberEats, and Lyft offers with Para Inc!

#uberdriver #ubereatsdriver #grubhubdriver #autodecline #acceptdecline #lyftdriver #rideshare #gigeconomy #gigwork #gigworker

[Tara Fung @nonfungibletara]

The collapse of FTX has caused waves in the web3 space that will last for some time.

As a result, customers, community members and contributors will demand more from project leaders and organizations:

More transparency.

More value.

More trust.

More ownership.

🧵

[Mac The VC @MacConwell]

These are two companies that are the kind of innovation I love. Check them out. Full disclosure @RarebreedVC is an investor in both

https://t.co/AX0ElmF55V

https://t.co/vW6yaSsG29

[David Pickerell @david_pickerell]

🚀☄️🤯

[kirubha @k17ubha]

Hopping on the @Stonks_dot_com Sipping Seltzer pod with @TomJWhiteIV + @ajh3_ later this week and diving into @rollfi_xyz 💰

[Mac The VC @MacConwell]

/🧵 Time for @RarebreedVC
Q2 2022 Update MOIC - 2.77 & TVPI - 2.60 (based on notes not accounting for dilution or blended ownership. Read the thread for all updates👇🏾

We are raising Fund II ($40M+), fill out this form if you'd like to invest in Fund II -https://t.co/w6vDDMLYPn

[David Pickerell @david_pickerell]

🧵DoorDash hides pay information from gig workers to benefit themselves and convince drivers to take unprofitable trips.

This is not right. You can’t classify workers as independent contractors but not honor the obligations that come with it.

Plz sign: https://t.co/nd5L1VnMQu

[Jonathan Kroll @krollja]

@BoldBitcoin @MacConwell @RarebreedVC Honored to be on the journey with the @BoldBitcoin team! 🙏🏻

[Bold Bitcoin @BoldBitcoin]

We want to extend a huge thank you to @krollja and @MacConwell of @RarebreedVC!

Rare Breed was our first institutional investor.

We know that takes conviction.

Great to be on the journey together to bring Bold to the world!

[Mac The VC @MacConwell]

At @RarebreedVC we (@krollja & @margentambi) are so excited to be the very first investor in @frey and @AmericanaNFT who have raised $6.9m led by our friend @alexisohanian at @sevensevensix and also @opensea 😎 (Yup another RareBreed founder)

welcome to the future 🚀

[Mac The VC @MacConwell]

1/🧵 Time for @RarebreedVC Q1 2022 Update MOIC - 2.90 & TVPI - 2.73 (based on notes not accounting for dilution or blended ownership. Read the thread for all updates👇🏾

We are raising Fund II ($40M+), fill out this form if you'd like to invest in Fund II -https://t.co/w6vDDMLYPn

[Jonathan Kroll @krollja]

@lashalign @MacConwell @charles_blee @hotlikehelena @beautybyme_io @FentonJagdeo @facultyworld @margentambi We had the reschedule for April 5th, sorry for the confusion there!