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Building and Investing in Consumer AI

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Manage episode 394017567 series 3370867
Content provided by Prateek Joshi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Prateek Joshi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Talia Goldberg is a partner at Bessemer Venture Partners where she focuses on consumer internet, software, and AI. She became the youngest elected partner in firm history. Bessemer is a VC firm with a long and storied history with investments in companies like Twilio, Shopify, Pinterest, LinkedIn, Yelp, Twitch, and many more.
In this episode, we cover a range of topics including:
- Why is consumer the biggest beneficiary of AI
- AI is generating massive consumer surplus
- Why is RLHF only a secondary moat
- Distribution tactics for consumer AI: virality via social proof, the Etsy effect, building for niche communities, standing on the shoulder of giants, "first order irrational, second order rational"
- Conversion tactics for consumer AI: entertainment as conversion, community-driven conversion, gambling psychology
- What does 2024 look like for AI startups and VCs
Talia's favorite book: Poor Charlie's Almanack (Author: Charlie Munger)
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Where to find Prateek Joshi:
Newsletter: https://prateekjoshi.substack.com
Website: https://prateekj.com
LinkedIn: https://www.linkedin.com/in/prateek-joshi-91047b19
Twitter: https://twitter.com/prateekvjoshi

  continue reading

149 episodes

Artwork
iconShare
 
Manage episode 394017567 series 3370867
Content provided by Prateek Joshi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Prateek Joshi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Talia Goldberg is a partner at Bessemer Venture Partners where she focuses on consumer internet, software, and AI. She became the youngest elected partner in firm history. Bessemer is a VC firm with a long and storied history with investments in companies like Twilio, Shopify, Pinterest, LinkedIn, Yelp, Twitch, and many more.
In this episode, we cover a range of topics including:
- Why is consumer the biggest beneficiary of AI
- AI is generating massive consumer surplus
- Why is RLHF only a secondary moat
- Distribution tactics for consumer AI: virality via social proof, the Etsy effect, building for niche communities, standing on the shoulder of giants, "first order irrational, second order rational"
- Conversion tactics for consumer AI: entertainment as conversion, community-driven conversion, gambling psychology
- What does 2024 look like for AI startups and VCs
Talia's favorite book: Poor Charlie's Almanack (Author: Charlie Munger)
--------
Where to find Prateek Joshi:
Newsletter: https://prateekjoshi.substack.com
Website: https://prateekj.com
LinkedIn: https://www.linkedin.com/in/prateek-joshi-91047b19
Twitter: https://twitter.com/prateekvjoshi

  continue reading

149 episodes

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