Thu, 21 January 2021
In this episode, Hall welcomes Archie Cheishvili, CEO of GenesisAI.
With its headquarters in Boston, Massachusetts, GenesisAI is a Machine Learning protocol. On top of this protocol, they are building a marketplace for AI products and services - Amazon for AI. The marketplace connects companies in need of AI services, data, and models with companies interested to monetize their AI tech.
By linking AI services with each other and increasing the supply of AI services, GenesisAI provides a web platform that offers low-cost AI services. This makes AI technology more efficient and affordable for businesses.
Their platform enables different AIs to communicate with each other, exchange data, and trade services. Anyone can develop and purchase AI services.
Archie is a serial entrepreneur who graduated from Harvard University. He worked at Bridgewater Associates and went on to co-found The Bears, which he later sold and made a 6x return on. He went on to become the VP of Artificial Intelligence at venture capital firm IDFEC and is now the CEO of GenesisAI. He is recognized by media outlets including the New York Post, Forbes, and Yahoo Finance.
Archie advises entrepreneurs in the AI sector. He shares how he sees the industry evolving and discusses the biggest challenge they face.
Archie can be contacted via email at firstname.lastname@example.org, and via LinkedIn at www.linkedin.com/in/archie-archil-cheishvili-854aa792/.
Thu, 21 January 2021
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
In early-stage investing, someone needs to take the lead and screen the deals, diligence selected ones, and negotiate the valuation with the chosen ones.
In most cases, the lead investor doesn’t want to be the only one in the deal and promotes other investors to join.
This promotion process is called syndication.
Most investors are looking for someone else to take the lead and actively follow the deal as it progresses.
As a deal lead, make sure you do the following:
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.
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