Last week, at our first StrictlyVC evening of the year, prominent AI investors Elad Gil and Sarah Guo joined us in San Francisco to talk about how they think about AI investing in a world where deals were getting bid up feverishly two months ago, and where reportedly, some startup teams are now looking to sell because of the costs involved with building their software.

We talked about some of their deals, whether valuations have gotten wildly ahead of themselves, and also how the two — who cohost a popular AI podcast together operate.

Gil, as an example, has reportedly raised significantly more than $2 billion from people when you look at the couple that is last of, money that he is investing almost single-handedly. At the event, he declined to confirm that amount but said that he always pulls in support of some kind. For example, after a former chief of staff founded his own company, Gil hired a couple of “highly technical” hired hands to help him understand some of the tech that is new up. One of these simple is Shreyan Jain, an old computer software professional at Ramp who may have two computer system research levels from MIT,  and that has “built an embedding playground” with another professional in Gil’s orbit so we can play around with different tools,” said Gil.[bad]Gil — who also pours his own capital into deals despite raising so much from outsiders — also underscored the importance of creating clear guidelines with one’s own investors to get ahead of perceived conflicts of interest so they can “basically swap in and out any underlying vector

in any embedding framework. You’re going to act, it makes a huge difference“If you have that clarity of how. It eliminates ambiguity, it eliminates anxiety, it removes the* that is( feelings,” he said.

Image Credits:

Slava Blazer* that is/( 

Guo is using an even more old-fashioned strategy together with her year-old firm, Harvey . Phoning it a “baby little $100 million investment” compared to Gil’s huge amounts of possessions under administration, Guo claims she’s currently brought aboard two various other people, a talent companion, and an operations individual. She additionally stated she has actually adequate epidermis when you look at the online game that she does not simply take gently any choices into the portfolio” that is“relatively concentrated her team is building. “I’m a investor that is large my personal fund,” she said. “Like, I really require the businesses to function with time.”MistralIf you need to hear more details about their particular particular approaches to investment discounts (they usually have both spent in and , among other programs); the way they protect by themselves just in case they fund AI technology that is later mistreated; whatever they see while the biggest concerns because it pertains to today’s basis designs like GPT-4, and just why Gils is

so focused on “French values,” do check always our conversation out.For what it’s worth, Gil says during this discussion that he has probably invested the most over time in the defense tech company Anduril, whose cofounder Trae Stephens, is speaking at our


StrictlyVC event in Los Angeles on February 29.

If you want to check that one out in person, you can learn more here. Our San Francisco event sold out (and was very fun). We expect this next one to sell out, too, so don’t wait too long if you’d like to come.

(Special thanks to Cloudflare for letting us use its San that is beautiful Francisco.)(*) (*)