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A comment on Andrew Ng launches $175M AI fund. Parent comment

Re:Andrew Ng launches $175M AI fund by nora4 on Wednesday January 31, 2018 @10:28AM (#16274546)
I mean these are great stuff. But do you plan to be a venture-backed company (i.e. looking for hyper-growth and an exit, e.g. acquisition or IPO) or are you planning on being some sort of LLP?

The problem is that though the above may currently be a profitable business, I can't see how you will generate a "moat" and mature into a monopoly or a big market share in a vertical.

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Re:Andrew Ng launches $175M AI fund by agibsonccc on Wednesday January 31, 2018 @08:03PM (#16278976)
I'm a YC founder with 7 mill in funding and 40 employees. We already are :).

Skymind is a weird mix of joint ventures in asia, US and Chinese investment. We're not looking for an exit anytime soon. We are looking to build a big business though.

The "moat" is a land and expand strategy. There is lockin with our tooling. It's a standard on prem play. We're hard to get rid of once you install us. We help in house teams compete with external vendors. Interest actually aligns there. Happy to elaborate a bit otherwise.

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