Semmelweis Reflex

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Semmelweis reflex is a cognitive bias defined by Wikipedia as the tendency to reject new evidence that contradicts a paradigm.

Some investors reject startups if it goes against conventional wisdom.

In the startup world, there are always new technologies, markets, and business models to support them.  

It takes some effort to learn about these new areas and so can be easily dismissed as not important. 

To overcome the Semmelweis reflex, investors should bring some level of curiosity to the process.

The investor should set aside some time to learn about new markets and technologies.  

Confronted with a new market or business model, the investor should learn more about it before making a decision.

Startups presenting new ideas must make it real to the investor with concrete examples and facts.

Startups must bring evidence of how a new business model can work to show validation. 

The startup world is filled with new technologies and markets so it’s important to remain open-minded in startup investing.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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For more episodes from Investor Connect, please visit the site at: http://investorconnect.org 

Check out our other podcasts here: https://investorconnect.org/ 
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On this episode of Investor Connect, Hall welcomes Archil Cheishvili, CEO, President & Director at GenesisAI.

Located in Boston, Massachusetts, USA, GenesisAI is a Machine Learning protocol. On top of this protocol, they are building a marketplace for AI (Artificial Intelligence) 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.

Archil 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. 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.

Archil talks about the present and future of AI, the groundbreaking potential of ChatGPT, practical AI applications, and his Genesis AI project.

Visit GenesisAI at www.genesisai.io/, www.linkedin.com/company/genesisai, and on twitter.com/OfficialGenAI.

Reach out to Archil at archil@genesisai.io, and at www.linkedin.com/in/archie-archil-cheishvili-854aa792/.

_______________________________________________________

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https:/_/tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.