4 ms·
Big question is, how do small startups manage to get funding for LLM products if they don’t have the “correct” background / pedigree? The world of LLM startups
by TrackerFF 3y ago
Big question is, how do small startups manage to get funding for LLM products if they don’t have the “correct” background / pedigree?
The world of LLM startups is beginning to look like the world of hedge funds and private equity firms - where the prerequisites for seed/funding are:
A) Prestigious employment history / correct pedigree.
B) Solid network of investors ready to jump before any product has even begun.
- nlpnerd 3y agoThey don't. This is probably one reason why VCs invest in these companies. There is a natural moat since there is only a very finite number of people in the world has the right experience to raise, and only those who can raise can ever have the experience. At least until compute cost drop to a cheap enough level...