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Benchmarking LLMs performance

VC Cafe

AI Snapshots by Google Search Open Source vs. Closed LLMs Google and OpenAI are the two leading players in the LLM space. Open-source LLMs, such as Meta’s LLaMa, MosaicML , Vicuna -13B (an open-source alternative to GPT-4 which reportedly achieves 90% of ChatGPT’s quality) or RedPajama (which released a 1.2

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Israel Generative AI predictions for 2024

VC Cafe

billion in annualised revenue , an a myriad of new companies were born, from open source LLMs to application layer startups that were able to move fast and do much more with less. Much like mobile technology became a de facto part of every startup, AI is no longer a category but the core or a component of every product.

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8 Tactics To Make You A Fearless Business Innovator

Startup Professionals Musings

Every business owner and entrepreneur I meet in my consulting rounds dreams of finding that “ disruptive ” innovation that will supercharge their business and move it into the ranks of business unicorns (billion-dollar valuations), such as SpaceX and Apple. Be sure to hire and cultivate new talent with the right mindset.

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Meet the 32 Israeli Centaurs that reached $100M in ARR

VC Cafe

But becoming a Unicorn, or receiving a billion dollar valuation is no longer an indication of growth. Tech12, an Israeli news publication, embarked on a special project to highlight the 32 Israeli startups that reached a Centaur status. Israeli startups raised a record of $26.6 Israeli startups raised $1.1

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Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Patents are counter to open source initiatives and free software. The patent application and approval process is expensive and slow.

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Spectacles and $SNAP’s $20B Valuation

Austin Startup

In summary: Snap’s current business doesn’t justify a $20B valuation. How can one justify a $20B valuation for Snap? The product that could most likely justify Snap’s $20B valuation is Spectacles. But if it can’t, it’s going to take Snap a long time to the achieve financial performance necessary to sustain a $20B+ valuation.

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2023 Global Venture Reports were Gloomy, but there are reasons to be optimistic

VC Cafe

2023 was a rough year for Venture Capital and for startups, and it might get even worse. That’s the case for most companies that are already in the market, especially if they raised funding at imaginary valuations before. Spoiler alert: I believe that 2024-2025 will be an amazing time to invest in early stage startups.