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Many VC funded businesses do not have an initial business model involving direct monetization. The first step is probably gaining mindshare with free, open sou
by supriyo-biswas 3y ago
Many VC funded businesses do not have an initial business model involving direct monetization.
The first step is probably gaining mindshare with free, open source models, and then they can extend into model training services, consultation for ML model construction, and paid access to proprietary models, similar to OpenAI.
- jddj 3y agoEven in the public markets this happens all the time, eg. Biotech, new battery chemistries, etc. In trends people pay for a seat at the table with a good team and worry about the details later. The 2B headline number is a distraction.