Weekly Wrap: Should the Noble Prize be a stick of Golden TNT?
Nike suing BAPE | Google Suddenly in AntiTrust Cross Hairs | OpenAI gets its $10B and What did Microsoft get? | Winner Takes All Pitch Event WTF | ChatGPT gets an MBA?
This week we featured 2 Interviews on the Podcast, we will feature 4 next week to catch up to our plan of 3/week
🚀 S2 Ep 7 Shane Feldberg of Feld Ventures
🚀 S2 EP 8 Moran Bar Kochva of Unison Capital
Last year we did 49 interviews with Founders & Investors on the Podcast. This year the plan is 150 with a focus on Tier 1 Founders from the likes of Y Combinator, Techstars, Hustle Fund and others of this ilk.
During the course of one of these discussions, on a recent recording- the topic of legacy and the Nobel Prize was raised.
Long/Short- Thanks to TNT we have the Nobel Peace Prize.
So why isn’t the Prize a flaming Golden Stick of Dynamite??
I asked Dall-E 2 to come up with some prompt engineered trophy concepts.
They might need work.
Summary of the Story from Chat GPT3:
Alfred Nobel was a Swedish chemist, engineer, and inventor.
(Nice job Dall-E 2 on a Raffaello Painting of Alfred Nobel)
Msr. Noble is best known for inventing dynamite, a powerful explosive material. He also invented gelignite, a more stable and transportable explosive, and ballistite, a precursor to many modern smokeless powder explosives.
In 1888, upon reading his own obituary (human:wait what?), which condemned him for his invention of military explosives, he decided to leave a better legacy after his death and he donated the majority of his wealth to establish the Nobel Prizes.
The story of the obituary is that a newspaper mistakenly published an obituary for Alfred Nobel in 1888.
The Obit condemned him for his invention of military explosives.
This obituary is said to have caused Nobel to want to leave behind a better legacy after his death.
As a result, Nobel decided to posthumously donate the majority of his wealth to found the Nobel Prize.
Nike suing BAPE.
Did BAPE rip off NIKE shoe designs for a couple of decades. It feels like it. As a lover and owner of probably too many Bathing Ape hoodies, pants and shoes I’d say they Ape’d Nike (pun clearly intended)
Case in point ** credit: https://www.instagram.com/sneakerfreakermag/ **
This may not end terrifically well for Bathing Ape. Nigo has since become the creative director @ Kenzo but this seems like a clear case of shut up and cut me a cheque.
Google Suddenly in Anti Trust Cross Hairs; Gizmodo’s Take? Google Is Screwed, Even If It Wins Its Antitrust Case
With the looming threat of AI, Google needs to battle its competitors quickly and fiercely. That's exactly what you can't do under antitrust investigation.
News at 11! Listen anyone who thinks Google isn’t already an A.i. powerhouse hasn’t used Youtube. Do you think its’ people with levers and pulleys making this happen?
It’s a very complex platform being run by 21 or so Artificial Intelligence Algos.
Everything from what thumbnails you see to the suggested videos is run by A.i.
Nonetheless, breaking up the ad business cannot be helpful to entrepreneurs.
Facebook AD Platform /Meta is already dead thanks to changes in iOS blocking the tracking of interests of mobile phone users. Cookies are set to die.
A new generation of A.i ad turks needs to emerge to manage and attribute interests to ad watchers. Check out our good friends @ MeetOtis for example. Join Founders Pack and you get 1 month free (I think) of OTIS)
What does $10B get Microsoft for its investment in Open AI? re: the brain behind Chat GPT3 and Dall-E 2?
75% of the profits until it recoups it’s $10B
Single Sign On Dominance > Google
We noticed that the Microsoft Single Sign on for both Dall-E 2 and Chat GPT3 has already changed.
Will this make you want to sign in with your Hotmail account grandma?
Time will tell. That is one expensive button. I would have been telling Google SSO to take a hike, but then — (as a user), I also would not be using Chat GPT3 ever again… so. There is that.
Finally we had to bump our first “Winner Takes All” Startup Pitch Event of 2023 to a new date.
It was planned for months that twelve (12) events in 2023 would be held monthly on the ultimate-crackhead-demo-day-platform.
The first was supposed to be on January 24th as you all may recall. We however were forced to move it to Feb 7.
Here’s why.
The decision was the final pratfall after repeatedly being rug-pulled by our Demo Day platform partner on pricing.
This starts maybe around November 2022 and continues up to the very day of our pitch event.
“Its $0!”
Nice, let’s do it.
“No, wait. It’s $10,000/pitch event”
Er, no thanks.
“Wait Wait: Its $360/mo x 12 months!”
Great send us a bill.
— weeks pass —
“No, no — now it s$2400/year!”
OK is this event being promoted?
“Yes!”
Oh good :) We’ve been working hard on promoting it too.
— day before event —
“Wait your event is tomorrow right? We need to cancel that. We didn’t promote it. This is so hard.”
Uh, wth.
— Day of the event —
“Hey that self service option is now cancelled.
Pardon et moi?
“We’ll refund everyone’s money. It’s now $25,000 a pitch event. But for you since you are such a good partner we’re giving you 50% off your first one that we already screwed up and had you reschedule needlessly.
‘We know you can do it on zoom like your past 7 pitch events and your demo day last year. We think it’s a great deal. Excited to work with you.’ ”
I am paraphrasing- or am I?
Needless to say we have 3 judges and 5 cool pitch companies lined up for February 7th and then another 3 Judges + 5 companies February 28th now.
Serious question: Should we host this on
✅Zoom
✅ ENTRE’s New Community Platform https://joinentre.com/ or
✅ Should we build out our own Demo Day self-service platform?
How’d it go?
While ChatGPT struggled with some advanced prompts and made mistakes on sixth-grade math problems, it did remarkably well at answering basic operations management and process analysis questions.
For these kinds of questions “Not only are the answers correct, but the explanations are excellent.”
Read through ChatGPT’s answers: It’s arguably “the closest that technology has come” to automating the skills of managers and consultants.