@rishdotblog why is the fine-tuning is not worth it because.
1 it take lot of time to fine-tune and by the time its ready, frontier has caught up
or
2) there are no gains from fine-tuning as the frontier has caught up and further sft is futile ?
I’ve spent my career investing in companies at the beginning of their stories. Historically, most investors haven’t had access to that stage. Robinhood Ventures Fund II is helping change that.
The order book is now open. Sign up to request shares: https://t.co/fz6nfLPUn7
We started Lux in 2000 with a simple conviction: the biggest opportunities lie at the frontier of science and technology that others find too hard, too early, or too confusing. Twenty-five years later, that conviction hasn't changed. What has changed is that the world has caught on.
Now compute, automation, and biology have matured into scalable engineering disciplines, and what was once fringe "deep tech" has become essential infrastructure. New talent, new tools, and new industrial capacity now exist to turn the most cutting-edge technology across the physical, computational, and life sciences into enduring businesses.
For these businesses and founders to become category-defining winners, they need meaningful capital and conviction. That is why we are especially excited to announce our largest fund to date, Lux Ventures IX, a $1.5B commitment to investing in the people turning sci-fi into sci-fact.
Today entire sectors of aerospace, biotech, defense, industrials, transportation and beyond are being reinvented by a new generation of brilliantly ambitious, often irreverent, scientists and engineers. And while markets have changed and capital reshapes around fewer companies and larger checks, our focus on the craft remains constant.
That focus matters because science doesn’t scale itself. The path from a result in the lab, only known to a few, to something durable the entire world will use requires a different kind of partnership. One that deploys the first $100K and the last $100M, that stays through the full arc of company-building, that mobilizes a powerful network of kinetic like-minded founders, and that treats capital as a tool rather than the product.
Forty-four people at Lux now manage $7B, still operating with the same discipline and purpose we had on day one. We find and fund founders others have overlooked, back conviction over consensus, and build alongside these rebels of science and tech at every stage.
We’re grateful to our valued LPs who've partnered with us through multiple cycles, and to the founders who trust us with their life's work. The mission continues, with even greater intensity and momentum.
https://t.co/D6emTydcYK
For the VSaaS founders at Collective Live next week who are building payments or lending into their platforms: this is infrastructure worth knowing about.
Vinodh Poyyapakkam, Chris Lee, and Brian Borella are joining us at Collective Live on November 5th—find them to talk about automating your risk operations.
@CorisInc's partnership makes it possible for us to bring 200+ VSaaS CEOs together to tackle challenges like this. It all goes down this Wednesday in San Francisco!
Learn more here: https://t.co/nPPmFmbOm7
The last system of record in commerce just got an AI-native upgrade 👀
Meet Coris - the AI platform for risk & financial operations.
We’re reimagining how risk, underwriting, and ops teams work in the AI era. 🧵
@jasonlk@PeterJ_Walker I was playing with numbers like 1-3M ARR and 300% growth at series A it showed 200-300 for AI enabled SaaS. Seems high compared to latest rounds. Hope this helps making the tool stronger !. And thanks for all your SaaS writings. its my goto guide.
@sabeer Elections are supposed to be accountability check on leaders, but in India, people vote for money/liquor/caste. Leaders figured out how to game elections and people happily go along 😒
1/ 🚀 Big news: We’re launching the world’s first credit card transaction model designed specifically for software platforms!
This groundbreaking tool analyzes both sides of a transaction—merchant and payer—to help platforms fight fraud faster and smarter. Here's how it works:🧵