Marijus Andrijauskas

evolving with 🇱🇹 🇱🇻 🇪🇪 + investing at + nurturing

[Marijus Andrijauskas @marijusan]

🤯 Airtable + ChatGPT + Synthesia https://t.co/HwgefhZNm6

[Marijus Andrijauskas @marijusan]

That’s a nice 2023 start #Latvia

[Aerones @aerones_com]

Big news! 🚀 We have Raised $30M in funding round led by Haniel & Lightrock. This will help us scale our wind turbine maintenance solutions in a $30B market.
Thank you to our investors for supporting our mission.
https://t.co/TXF5IILfvk
#windenergy #innovation

[Marijus Andrijauskas @marijusan]

0.0007 % of the student population in Germany is generating 8% of German #startup #VC investments - based on Dries Faems recent post

Not questioning the number, just curious, does any Baltic university tracking these or similar numbers?

[Marijus Andrijauskas @marijusan]

@BalticVC It’s not. The good part that net raised amount is 20% higher comparing to 2021 hitting 120M in total Seeds. Anyway, we may see lower number in A’s upcoming years.

[Marijus Andrijauskas @marijusan]

GPT-3 has 175 billion parameters
GPT-4 has 100 trillion parameters

🤯

[Marijus Andrijauskas @marijusan]

Baltic startup rounds 2021->2022
Series B 5->5
Series A 13->13
Seed 80->50
I believe we may feel the drop

[Michael Seibel @mwseibel]

In my experience, founders often trigger their own bad moods by not taking the time to appreciate the positives in their lives. It’s too easy to not see any positives when you are struggling to reach product market fit.

[Marijus Andrijauskas @marijusan]

@TPhilomaths AI is inevitable a new hire to everyone I guess

[Trung Phan @TrungTPhan]

Microsoft looking at a $10B investment into OpenAI:

• At a $29B valuation
• MSFT gets 75% of OpenAI profits until it recoups $10B
• After recouping $10B, the ownership structure becomes MSFT (49%), other investors (49%) and OpenAI non-profit parent (2%)

[Marijus Andrijauskas @marijusan]

Airtable data -> #chatgpt structure
ChatGPT structure -> ChatGPT Insights
ChatGPT Insights -> ChatGPT conversation (few cycles)
ChatGPT conversation -> ChatGPT Summary
ChatGPT Summary -> ChatGPT script
ChatGPT script -> Synthesia AI + few screenshots

[Marijus Andrijauskas @marijusan]

The level of sarcasm! Epic 😂

[Marijus Andrijauskas @marijusan]

you made my day @Hostinger :))) trololo

[@jason @Jason]

Someone teach this founder to code or design apps ASAP 😂

[Trung Phan @TrungTPhan]

WSJ reporting that OpenAI is in talks for tender offer at a valuation of $29B. That would make it the 6th most valuable unicorn in the US:

1. SpaceX ($137B)
2. Stripe ($74B)
3. Epic Games ($32B)
4. Databricks ($31B)
5. Fanatics ($31B)
6. OpenAI ($29B)

[Jason ✨👾SaaStr.Ai✨ Lemkin @jasonlk]

The best stuff still gets a premium price

[Marijus Andrijauskas @marijusan]

@michuk 2023: FOMOPHOBIA

[Marijus Andrijauskas @marijusan]

2022: overdreaming, overpromising, overselling, overhiring…
2023: overpaying.

[Jason ✨👾SaaStr.Ai✨ Lemkin @jasonlk]

Almost everyone overhired during the Boom

[AIN.Capital 🇺🇦 @ain__capital]

We created an extended list of 25 new VC funds that were launched in 2022. It consists of investors that have headquarters in the CEE and focus on founders from the region. https://t.co/AeidXmHNu9

[Marijus Andrijauskas @marijusan]

@TPhilomaths @Aerones Looks like :)

[Marijus Andrijauskas @marijusan]

first Baltic startup closing a round in 2023?