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- Exited founder & fintech exec building the financial intelligence platform for back-office
Exited founder & fintech exec building the financial intelligence platform for back-office
Welcome to the 73rd edition of the Geeks Of The Valley (GOTV) Newsletter, where we curate interesting early-stage startups (Series A and earlier) every week. If you enjoy and want to keep abreast with insights and interesting early-stage startups before they go big, subscribe to this newsletter ✌️.
Geeks of the week
Startup Name: FlowFi
Geography: US
One-liner: First-class finance team and platform that delivers accurate books and actionable financial intelligence.
Founder(s) Background: Founded and sold company to Jonas Software, Engineering Director at Acorns, VP of Finance & CFO at 2 Series-C startups.
Startup Name: Chord
Geography: US
One-liner: Generate a bespoke article with recommendations, and understand the research that produces it.
Founder(s) Background: Researchers at Stanford Artificial Intelligence Laboratory.
Founders building in stealth
Insight, Idea & Trend
$4.3 trillion (!!!) is spent on healthcare in the US annually, and it’s growing.
Great time to build the picks and shovels. Here are some of the infra companies powering new solutions.
— Ryan Hoover (@rrhoover)
2:38 PM • Feb 24, 2023
Potentially hot take:
There's a good chance the "TikTok for X" in many categories (sports, fashion, restaurants, etc.) ends up being...TikTok.
They have the content + creator density, and are already testing dedicated, topic-focused feeds ⬇️
— Olivia Moore (@omooretweets)
7:53 PM • Feb 17, 2023
How much does it cost to train a state-of-the-art foundational LLM?
$4M.
Facebook's 65B LLaMA trained for 21 days on 2048 Nvidia A100 GPUs. At $3.93/hr on GCP, that's a total of ~$4M.
Google's 540B PaLM was trained on 6144 v4 TPUs for 1200hrs. At $3.22/hr is a total of ~$27M
— Deedy (@deedydas)
2:49 AM • Feb 25, 2023