Good morning!
When it comes to news, Thanksgiving week is usually slower than molasses. But with the drama of OpenAI — the founder is overthrown. upset employees; etc. etc. — continuing to deliver exciting headlines about the company’s uncertain future, this week anything but.
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So I’d be remiss if I didn’t include at least one story related to everything that happened. But it’s not just another recap. Instead, it’s about how we should understand the two camps of people who have views on how artificial intelligence is created and developed: those interested in speed (E/ACC, short for “effective accelerationism”) and those who they want things to slow down (called “decels”).
And don’t forget, we’ll be leaving on Friday to celebrate Thanksgiving. Happy holidays and see you next week!
Thanks for reading,
Pitch Deck Teardown: Fifth Dimension AI’s $2.8M seed deck
Image Credits: Fifth Dimension AI (opens in new window)
Speaking of AI, pitch expert Haje Jan Kamps opened the Fifth Dimension AI pitch deck that helped the company secure nearly $3 million in seed funding. While there are certainly things to like (the use of personal quotes from clients on one of the slides helps bring the issue to life, for example), the company doesn’t mention the competition at all. And that raises quite a red flag.
5 Investors Have High Hopes for Defense Tech Amid Growing Venture Interest
Image Credits: Bryce Durbin/TechCrunch
“It cannot be overstated that the relationship between US defense and Silicon Valley is undergoing its most profound transformation since the 1950s,” writes defense technology journalist Aria Alamalhodaei in our recent survey of five investors in the space. But are some sectors more saturated than others? Can business dollars help build the next US top?
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Strategizing Your Fintech Exit in a Turbulent Market — Top 3 Questions to Address
Image Credits: cruphoto (opens in new window) / Getty Images
A sign of a successful company is a comprehensive exit. In the crowded fintech space, it’s not enough to just have a good product-market app. Alex Axelrod, founder and CEO of payment platform Uluky, shares his tips on how to deal with this complex event. The best part, though, is that this tip is useful no matter what industry you’re in.
Will 2024 be a turnaround year for startups?
Image Credits: Nuthawut Somsuk/Getty Images
There has been a consistent shift from growth to efficiency over the past year and some signs point to a strengthening economy. Does this mean we’ll see a rebound in time, with startups growing and thriving again? The answer may not be so simple.
