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This Week in VC with Om Malik & Paul Jozefak

Both Sides of the Table

Are “strategic investors&# (e.g. industry investors rather than VCs) a good idea for entrepreneurs. Preliminary details: Social e-commerce site, based around celebrity and influencer-curated recommendations. Paul discussed his perspective having been at SAP Ventures. Current round: $150mm in Series D from Softbank.

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Generative AI: Opportunity or the end of media as we know it?

VC Cafe

One of our strategic investors is using HourOne.ai (disclosure: a Remagine Ventures portfolio compan y) to create synthetic video news around sports. To stand out and demand a premium, media companies will have to go back to doing actual journalistic work. Serious publishers have to stop behaving like social media platforms.