“He raised $4 million and spent $800 k building a fully featured product thanks to cheap AI coding models.”
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Said on How I Invest with David Weisburd
Claude AI Daily · OpenAI's Releases "Intelligent UI" and Anthropic's New Model
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raised $10 million to build a wearable personal AI assistant
$10 million
“He raised $4 million and spent $800 k building a fully featured product thanks to cheap AI coding models.”
“The surge prompted the company to, quote, throttle growth by raising the minimum investment for some new accounts from $1 million to $10 million.”
“You raised some money. How big is the new fund? Yeah. So we just raised 50 million bucks.”
“We raised $50 million on a $750 valuation… we are going to invest heavily in AI… design cycles go down from 12 months to 12 weeks to 12 hours”
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